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SK Innovation to merge with SK IE Technology, targeting ₩60B ($43.3M) annual cost cuts and EBITDA profitability within two years
SK Innovation expects its merger with loss-making battery separator unit SK IE Technology (SKIET) to cut annual costs by about 60 billion won ($43.3 million) and return the business to earnings before
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SK Innovation to merge with SK IE Technology, targeting ₩60B ($43.3M) annual cost cuts and EBITDA profitability within two years
SK Innovation expects its merger with loss-making battery separator unit SK IE Technology (SKIET) to cut annual costs by about 60 billion won ($43.3 million) and return the business to earnings before
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SK IE Technology
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