{
  "id": 3265443,
  "title": "SK Innovation to absorb battery materials unit",
  "url": "https://urgent.news/2026/08/25/sk-innovation-to-absorb-battery-materials-unit-3265443",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-25T13:02:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20260825/sk-innovation-to-absorb-battery-materials-unit"
  },
  "original_language": "en",
  "account": null,
  "summary": "SK Innovation will absorb its battery materials unit, SK IE Technology (SKIET). The move is part of a plan to restructure its battery business and increase the competitiveness of SKIET's battery separator business.\n\nThe absorption will be carried out through a share swap between SK Innovation and SKIET at a ratio of 1 to 0.1174540.\n\nThe plan is set to be approved at shareholder meetings of both companies on November 24, according to a regulatory filing.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "SK Innovation to absorb battery materials unit",
        "url": "https://urgent.news/2026/08/25/sk-innovation-to-absorb-battery-materials-unit",
        "published": "2026-08-25T10:18:17.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "SK Innovation to absorb battery materials unit",
        "url": "https://urgent.news/2026/08/25/sk-innovation-to-absorb-battery-materials-unit-3263934",
        "published": "2026-08-25T12:57:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}