[Market Focus] Kolon Mobility Group Shares Surge After Completion of Tender Offer
Kolon Mobility Group is showing strong performance following the completion of the public tender offer for its full incorporation as a wholly owned subsidiary of Kolon.
As of 10:00 a.m. on September 11, 2025, shares of Kolon Mobility Group on the Korea Exchange were trading at 4,315 won, up 23.11% from the previous trading day. The stock, which opened at 3,550 won, surged to as high as 4,500 won during the session, nearly hitting the upper price limit.
The previous day, Kolon announced that as a result of the public tender offer for Kolon Mobility Group, it had acquired 90.37% of common shares and 73.51% of preferred shares. The company did not achieve its initial target.
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Kolon plans to exchange the remaining shares of Kolon Mobility Group for Kolon shares without an additional public tender offer, delist Kolon Mobility Group in January next year, and then incorporate it as a wholly owned subsidiary.
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