In our view, Doosan Group reorganization appear to be value-destroying for Doosan Bobcat and Doosan Enerbility minority shareholders but positive for Doosan Robotics shareholders.
What is covered in the Full Insight:
Introduction
Reorganization Process Overview
Merger Swap Details and Ratios
Tender Offer and Delisting
Key Questions and Risk Factors
Boomeranged on Mon, 22 Jul 2024 23:08
There has been a major backlash among both domestic and overseas investors on the split of Doosan Enerbility, merger swap between Doosan Enerbility and Doosan Robotics, and delisting of Doosan Bobcat. There are increasing opposition from the major investors of Doosan Bobcat and Doosan Enerbility that may result in readjusting the terms of this proposed merger and delisting.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.