Doosan Bobcat Cancels Merger with Doosan Robotics

Sep 05, 2024

On July 11, Doosan Bobcat announced plans to merge with Doosan Robotics, however the OEM is now backing down from that plan, according to a letter to Doosan Bobcat shareholders.

In the letter CEO and Vice Chairman Scott Park said, “Through the proposed integration with Doosan Robotics, we intended to advance our work in autonomous machines and artificial intelligence, while creating smarter, more capable machines for construction, landscaping, agriculture and logistics industries.

“We continue to believe that the proposal would support sustainable long-term growth and represent a valuable opportunity to align both shareholder interest and the Company’s objectives.”

However, according to Park, some of Doosan Bobcat’s stakeholders “shared critical views and diverse opinions.” After thorough review and internal discussions, the Board of Directors decided on Aug. 29., to withdraw the proposed comprehensive share exchange, he said.

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Video: Heat Stress in Pigs: What to Prepare for Before Next Summer - Dr. Joshua Selsby

In this episode of The Swine it Podcast Show Canada, Dr. Joshua Selsby from Iowa State University explains how heat stress affects swine biology and why now is the ideal time to prepare for next summer’s challenges. He breaks down its effects on muscle function, immune responses, and long-term metabolic outcomes. Learn how early planning can protect herd performance when temperatures rise again. Listen now on all major platforms! "Heat stress leads to a cascade of biological damage, beginning with metabolic disruption and expanding across multiple organ systems." Meet the guest: Dr. Joshua Selsby is a Professor in the Department of Animal Science at Iowa State University. With over 15 years of research on skeletal muscle physiology and heat stress, he focuses on understanding how thermal stress disrupts swine metabolism, immune function, and muscle integrity.