[Alpha Biz=(Chicago) Reporter Paul Lee] Celltrion Group has begun the merger process by selecting the merger organizer.

According to the pharmaceutical and bio industry on the 12th, Celltrion Group selected Mirae Asset Securities as the organizer for the merger of the three listed companies, Celltrion, Celltrion Healthcare and Celltrion Pharmaceutical.

However, details regarding the merger, including whether all three companies are eligible, are not known.

In September 2020, Celltrion Group presented a blueprint for the merger of the so-called 'Celltrion Three Brothers', including Celltrion, Celltrion Healthcare and Celltrion Pharmaceutical.

However, the merger of the three companies, which was expected to be completed as early as 2021, was delayed due to accounting issues.

In this regard, Celltrion Chairman Seo Jung-jin has consistently expressed his willingness to merge.

 

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