Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

SK D&D: Delisting Tender Offer by Hahn & Co Fails - What's Next?

Likely Increase In Mandatory Tender Offer from the Current 50% + 1 Share Requirement

A Review of Tender Offers in Korea in 2025

Potential Sale of a Controlling Stake in SK Siltron to Hahn & Co

Block Deal Sale of 82 Billion Won of SK Eternix by Hahn & Co

SK D&D Tender to Be Announced Pre-Market This Morning – Assessing the Trading Angle

Douglas Research Advisory

Event-Driven

<ul>
<li>On 1 October, it was reported in the local media that Hahn &amp; Co (is acquiring the management rights of SK D&amp;D Co Ltd (210980 KS). </li>
<li>This tender offer is not likely to be successful. Less than 1/3 of the 6.96 million shares that are up for tender offer could be sold by the existing shareholders.</li>
<li>We believe that the majority of the remaining investors in SK D&amp;D want higher tender offer price.</li>
</ul>


On 1 October, it was reported in the local media that Hahn &amp; Co (is acquiring the management rights of SK D&amp;D Co Ltd (210980 KS). 
This tender offer is not likely to be successful. Less than 1/3 of the 6.96 million shares that are up for tender offer could be sold by the existing shareholders.
We believe that the majority of the remaining investors in SK D&amp;D want higher tender offer price.


Acquisition of SK D&D by Hahn & Co + Tender Offer and Delisting Plans