[Gabia M&A] Special committee established for tender offer… Align's response postponed to August 7

Gabia's board has formed a special committee of independent directors to review the proposed tender offer and voluntary delisting deal.

The board also pushed back its formal response on shareholder-protection requests from July 31 to August 7.

The deal would see Macquarie Asset Management tender for Gabia at KRW 48,000 per share, then take it private and delist it.

Miri Capital and Align Partners are opposing the plan, intensifying debate over fairness, pricing, and process transparency.