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Samsung Group news

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Samsung Group Firms to Vote on Making Boards More Independent
SEOUL—Samsung Group plans to split the role of chief executive and chairman of the board at eight of its companies, in the South Korean conglomerate's latest attempt to bolster its corporate governance in the wake of shareholder criticism.
Samsung group affiliates ordered to trim cross-holdings
Shares in Samsung group companies fell on Monday after South Korean antitrust regulators told the country's biggest conglomerate to reduce cross-shareholdings that were expanded by a controversial merger of units this year.
Samsung Group Names Kwon Oh-hyun to Be CEO of Display Business
SEOUL--The Samsung Group's display unit said Friday it named Kwon Oh-hyun chief executive, as it seeks to expand its presence in the global market.
Struggling Samsung Display announces Samsung Electronics CEO Kwon Oh-hyun as ...  pulse
Samsung's Drug Group Is Taking AbbVie to Court in Biotech Copycat Push
The unit of South Korea's Samsung Group, along with partner and minority shareholder Biogen BIIB 1.91% , filed suit in Britain on March 24 against AbbVie ABBV 0.69% , maker of rheumatoid arthritis drug Humira, which generated sales of $14 billion last ...
Samsung Bioepis files lawsuit against AbbVie on Humira patents  The Korea Herald
Samsung Group's Lee to buy $186 mln worth of shares in group firms
Samsung Group said Lee will also will acquire 30.2 billion won worth of Samsung Engineering Co Ltd's treasury shares and seeks to acquire another 70 billion worth of shares in the firm.
Samsung's Lee Tightens Grip Over Group With C&T Share Purchases  Bloomberg
Samsung scion buys shares worth $186m in group firms, tightens grip on reins  DEALSTREETASIA
Samsung Group struggling to sell USD 1bn Samsung C&T block amid difficult market
19 February 2016 - Samsung Electro-Mechanics [KRX:009150], an electronic components manufacturer, and Samsung SDI [KRX:006400], a computer monitor and battery maker, are struggling to sell a combined stake of over 5% in Samsung C&T Corp ...
Samsung Group Decreases R&D Investment for First Time since Asian Financial Crisis
Samsung Group is accelerating a large-scale restructuring at its all subsidiaries. According to Samsung and business industry sources on March 14, the total number of employees and executives, including contract workers, at Samsung Electronics' ...
Samsung Group rules out further reorganization of businesses
SEOUL, April 27 (Yonhap) -- A high-ranking Samsung Group official said the conglomerate will not roll out further reorganizations of affiliates, amid the rising rumor that the family-controlled giant will offload its credit card and construction ...
Samsung C&T net loss widens in Q1 on one-off costs  GlobalPost
Creditors turn down Samsung Heavy Industries' self-rescue plan, want group to ...
The self-rescue plan submitted by South Korea's Samsung Heavy Industries on Tuesday in exchange for relief in debt worth 2.9 trillion won ($2.4 billion) has failed to satisfy its main creditor Korea Development Bank (KDB), according to multiple ...
Tensions are Rising over Samsung Heavy Industries  BusinessKorea
Creditors Putting Pressure on Samsung Heavy  MarineLink
Lotte Chemical Completes Takeover of Samsung Group's Chemical Businesses
Lotte Chemical Corp. has finalized the takeover of Samsung Group's chemical units.The company said that it paid for money to acquire Samsung SDI Chemical on Apr. 29 and completed the acquisition of Samsung Group's chemical businesses in about six ...