Celltrion and Celltrion Healthcare will merge before the end of the year. Both stocks have dropped and shorts have covered. There will be implications for the KOSPI200 and KOSDAQ150 indices.
Boomeranged on Tue, 24 Oct 2023 10:13
Celltrion Inc (068270 KS) and Celltrion Healthcare (091990 KS) shareholders have approved the merger.
The last trading day is expected to be 28 December and there will be flows from index trackers on that date.
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