SK Telecom to spin off into two separate companies, launch stock split

Thursday 10 June 2021 | 15:22 CET | News
South Korean operator SK Telecom has announced that its board of directors has approved the plan to split the company into SK Telecom (surviving entity) and SKT Investment (new entity, tentatively named) through a horizontal spin-off. The spin-off ratio has been set at 0.6073625 (surviving entity) to 0.3926375 (new entity) based on net asset value.

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Categories: Mobile & Wireless
Companies: Comcast / Deutsche Telekom / SK Broadband / SK Hynix / SK Telecom / SK Telink
Countries: Korea, Republic of
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