SK Innovation Says Vietnam Clears Merger With SK IE Technology
Bitget2026/10/28 07:14- SK Innovation confirmed in an October 28, 2026, correction that its absorption merger with SK ie technology will follow simplified procedures.
- Shareholder opposition submitted September 9-23 fell below the 20% threshold that would block the simplified merger.
- Vietnam's competition authority cleared the merger on October 21, 2026.
- A reinstated special committee maintained its favorable assessment; an additional independent valuation found the merger ratio appropriate.
- The merger remains scheduled for January 1, 2027, with 0.1174540 surviving-company shares allocated per SK ie technology share.
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