Doosan Group Revises Merger Report and Increasing Probability of Merger Getting Cancelled
Lee Bok-Hyun (FSS head) stated today that "In reality, the market prices [of Doosan Bobcat and Doosan Robotics] may not properly reflect their fair...
1k Views
Korea FSS Chief Calls for 10% Premium/Discount on Doosan Merger, Boosting Swap Spread to 30%
The FSS Governor made a shocking statement on TV today, saying that a 10% premium and discount should be applied to the Doosan merger ratio. This...
442 Views
Clarifications Regarding the FSS's Unexpected Revision Request for the Doosan Mergers
Doosan submitted the revised securities registration statement for its restructuring. As suggested in this post, the merger ratio remains...
787 Views
Doosan Bobcat Employees Involved In Major Breach of Duty + Doosan Group Pushes Ahead With Merger
On 26 July, it was reported in the local media that there has been a major breach of duty by nearly 40 current/former employees at Doosan Bobcat.
550 Views
FSS Orders Doosan Group to Resubmit the Merger Plan - "Merger Plan Is Not Illegal, But Is It Fair?"
Doosan Group needs to resubmit a revised merger plan within next three months. Otherwise, the securities report involving the merger plan of the...
330 Views