Busan Urban Gas "Voluntary Delisting Application with a Public Tender Offer of 85,000 KRW per Share"
[Asia Economy Reporter Ji Yeon-jin] Busan Gas announced on the 16th that its largest shareholder, SK ENS, will conduct a tender offer for all remaining publicly traded shares of Busan City Gas (2,595,597 shares, 23.60%).
The tender offer price is 85,000 KRW per share, and the purchase period is from today until the 15th of next month.
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The tender offeror, SK ENS, plans to apply for the voluntary delisting of Busan City Gas upon fulfilling the legal and regulatory requirements.
This content was produced with the assistance of AI translation services.
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