S.Korea's Doosan units scrap merger plan following stock price losses

Doosan Bobcat

10/12/2024 06:03

SEOUL, Dec 10 (Reuters) - South Korea's Doosan
Enerbility  034020.KS  said on Tuesday it has dropped a plan to
spin off its business and combine it with affiliate Doosan
Robotics  454910.KS , citing sharp stock price falls in the two
companies. 

 (Reporting by Hyunjoo Jin and Heekyong Yang; Editing by Tom
Hogue)
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