Doosan Group has decided to push for a business reorganization plan that will separate Doosan Bobcat, its "real affiliate," from Doosan Energy and make it a subsidiary of Doosan Robotics.
Doosan Efficiency and Doosan Robotics held a board meeting today (21st) respectively and decided on this.
During the business reorganization process, the two companies also recalculated the merger ratio of 1 to 0.043 so that Doosan Energy's shareholders could receive more Doosan Robotics shares than before.
In this regard, Doosan explained that it changed Doosan Bobcat's division ratio, which was customarily set based on net assets, to market price and reflected Doosan Bobcat's management premium.
The two companies will hold an extraordinary shareholders' meeting in December and add the merger plan to the agenda.
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