SKF shareholders vote on spin-off of Automotive unit SKF Vertevo via Lex Asea distribution

Reuters2026/09/07 13:01

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AB SKF shareholders meet Oct. 1, 2026 to vote on a proposed spin-off of the Automotive business via SKF Vertevo.
Plan distributes all SKF Vertevo shares: 1 Vertevo A for each 5 SKF A, 1 Vertevo B for each 5 SKF B.
Odd-lot entitlements pooled into whole shares, sold on Nasdaq Stockholm; cash proceeds paid pro rata through Euroclear.
Board seeks authority to set record date; expected Nov. 27, 2026, with first trading in SKF Vertevo expected Dec. 1, 2026.
Nomination committee recommends electing attorney Patrik Marcelius as meeting chair; spin-off resolution needs over 50% of votes cast.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AB SKF published the original content used to generate this news brief via Cision (Ref. ID: 202609070900BITN____UKPR__EN_20260907-BIT-7109-0) on September 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SKF shareholders vote on spin-off of Automotive unit SKF Vertevo via Lex Asea distribution

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