# Shin Steel to merge with Hana Financial 15th SPAC

Shin Steel's merger plan with Hana Financial 15th SPAC was approved at a shareholders' meeting. The merger will proceed via the SPAC dissolution method, with Shin Steel as the surviving company, effective December 6.

- Type: Acquisition
- Announced: 2022-11-01
- Where: South Korea
- Status: announced
- Products: nickel-plated steel sheets, steel products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Shin Steel](https://endata.com/companies/66282.md) (target)
- [Hana Financial 15th SPAC](https://endata.com/companies/66283.md) (acquirer)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2022110114073060616), 2022-11-01: "Global steel specialist company Shin Steel announced that the merger plan with Hana Financial 15th SPAC, through the SPAC dissolution method, was approved at the shareholders' meeting held on the 1st."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.