Acquisition of Doosan Logistics Solutions, Expected at Lower Price Than Initial Offer
Board resolved to submit a binding offer to acquire a controlling stake in Doosan Logistics Solutions (DLS).
The offer price is expected to be lower than the initial enterprise value of KRW 70 billion proposed in the LOI; specific amount undisclosed due to confidentiality.
Acquisition funds will primarily be raised through an ongoing rights offering (with subsequent public offering); any shortfall to be covered by cash reserves or other means.
Final conditions may change until the SPA is signed; material changes will be re-disclosed.
This is a binding offer stage; deal may not proceed or terms may vary significantly.
KOSDAQ Filing Information
Filing: [Correction of Description] Key Management Matters Related To Investment Judgment (Board Resolution On Submission Of Binding Offer For Acquisition Of Another Corporation)