Feb 22, 2021ACQUISITIONSouth Korea Doosan Group plans to spin off forklift business to Doosan Bobcat
Doosan Group is planning to spin off its forklift operation, Doosan Corporation Industrial Vehicle, into construction equipment affiliate Doosan Bobcat, with foreign advisors tapped to discuss the acquisition.
Value
$660.0M (750.0B KRW)
Productsforklifts
“Doosan Group has tapped foreign advisors to discuss Doosan Bobcat's acquisition of the group's forklift operation, Doosan Corporation Industrial Vehicle.”kedglobal.com
- 4 sources
- kedglobal.comDoosan to spin off No. 1 forklift business to Bobcat - KED GlobalRi-ahn KimFeb 22, 2021
- kedglobal.comDoosan to spin off No. 1 forklift business to Bobcat - KED GlobalRi-ahn KimFeb 22, 2021
- lexology.comSpinoff of Doosan Corporation’s Industrial Forklift Manufacture/Sales Business - LexologyDealMar 11, 2021
- en.yna.co.krDoosan Bobcat to acquire forklift biz from Doosan for 750 bln won | Yonhap News AgencyMar 11, 2021
Summarized from public sources; check the original articles before acting on it.