This post delves into the trading dynamics surrounding the anticipated increase in block deals in Korea before the implementation of pre-disclosure rules in July.
What is covered in the Full Insight:
Impending Surge in Block Deals
Block Deal Pre-Announcement Rule
Key Timing Window for Block Deals
Anticipated Block Deal: SK Innovation and SKIET
Liquidity Challenges and SK Innovation's Strategy
Boomeranged on Wed, 15 May 2024 18:44
The Maeil Business Newspaper (Maekyung) exclusively reported just now that SK Innovation is selling its stake in SKIET. The reported volume of the stake being sold should be sufficient to secure management control, which suggests it is likely to be at least 50%. However, specific information on who will purchase the SKIET stake from SK Innovation is not yet available. The link is in DISCUSSION.
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