SK Innovation targets SKIET turnaround with merger, cost cuts
SK Innovation expects its merger with loss-making battery separator unit SK IE Technology to cut annual costs by about 60 billion won ($43.3 million) and return the business to earnings before interest, taxes, depreciation and amortization profitability within two years. The company plans to elimina
SK Innovation expects its merger with loss-making battery separator unit SK IE Technology to cut annual costs by about 60 billion won ($43.3 million) and return the business to earnings before interest, taxes, depreciation and amortization profitability within two years. The company plans to elimina
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