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Samsung Group news

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Fresh hurdle for Samsung group merger
The controversial merger of Samsung C&T with Cheil Industries faces a new potential obstacle, with a plunge in their market value raising the risk that investors could demand a damagingly expensive buyback of shares.
UPDATE 2-Samsung C&T shares fall on Elliott stake sale possibility  Reuters
Samsung Group sells chemical assets to Lotte Group for $2.6 billion
UL] will sell its chemicals businesses to Lotte Group for about 3 trillion won ($2.6 billion), the latest move in efforts to simplify its ownership structure ahead of a transfer of power from its elderly chief to his heirs.
Samsung Group sells chemical assets to Lotte Group for 1.7 billion pounds  Yahoo News UK
Samsung's founding family strengthens grip on group
Samsung's founding family strengthened its grip on the conglomerate on Friday when shareholders in a key business approved its controversial acquisition by the main investment vehicle of group heir apparent Lee Jae-yong. Samsung C&T's all-share ...
Samsung Narrowly Defeats Elliott in Victory for Korean Dynasties  Bloomberg
Voter turnout high at key Samsung Group merger ballot  Reuters
Samsung scion apologises for MERS spread at group hospital
SEOUL The heir-apparent of South Korea's massive Samsung Group bowed in apology during a nationally televised address on Tuesday for failing to stop the spread of Middle East Respiratory Syndrome (MERS) at a Seoul hospital run by a group foundation ...
US fund Elliott challenges Samsung Group restructuring move
The merger of Cheil and Samsung C&T would consolidate stakes both companies hold in key Samsung Group affiliates such as smartphone giant Samsung Electronics Co Ltd (005930.
Chaebol issues lurk at heart of Elliott's criticism of Samsung  Financial Times
In transition, Samsung Group hands more cash to investors
Samsung Group firms have this year announced or completed 13.4 trillion won ($11.78 billion) worth of buybacks, and flagship Samsung Electronics has also said it will hand shareholders up to 50 percent of its annual free cash flow over three years ...
Elliott Associates: Samsung Group must pay fair value to Samsung C&T shareholders
US hedge fund Elliott Associates has said that Samsung Group must adequately reward the shareholders of its affiliate Samsung C&T, while seeking to merge it with another affiliate Cheil Industries.
Hedge fund Elliott: Samsung Group must offer fair price for restructuring  Reuters
U.S. Billionaire Paul Singer Interested In Samsung Group's Lee Family  Headlines & Global News
Samsung Group Donates $500k to the Fisher House Foundation
A month after Samsung Group donated a million dollars to the Washington, DC–based Maintenance Fund of its own country's War Veterans Memorial Foundation, the South Korean conglomerate announced last week that they had established a half million ...
Samsung Group TV Sales Reach $1 Billion in North America
For the first time, Samsung Group achieved $1 billion TV sales in October from North America consumers, which sets a new record for the TV market's monthly sales.
Samsung Group Is Doing a Cozy Merger
A South Korean court on Tuesday ruled against Elliott Associates LP in its activist fight over a proposed merger of Samsung C&T Corporation. I have said before that if Elliott were suing in Delaware, I'd like its chances. Of course, it's not suing in ...
Samsung Group companies' merger deal runs into fresh opposition  Reuters