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SKF Seeks Shareholder Approval to Spin Off, List Automotive Business
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10:32 AM EDT, 09/07/2026 (MT Newswires) -- SKF (SKF-A.ST, SKF-B.ST) will propose the separation and listing of its automotive business SKF Vertevo at an extraordinary general meeting on Oct. 1, according to a Monday release. Trading of SKF Vertevo's shares on Nasdaq Stockholm is expected to take effect on Dec. 1, subject to shareholder and regulatory approvals. The spinoff of the Swedish bearings, seals and lubrication systems company's business started in 2024.
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