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Samsung Group sells shares in chemical, defence arms for $1.7 billion
Samsung Group is reorganising its business empire to make it easier for the children of Samsung Electronics Co Ltd chairman Lee Kun-hee, 72, who has been hospitalised since a May heart attack, to divvy up the conglomerate.
How the smart went out of the Samsung phone  Financial Times
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Samsung Group sells shares in chemical, defence arms for $1.7 bln
SEOUL, Nov 26 (Reuters) - South Korea's Samsung Group said on Wednesday it is selling stakes in four chemical and defence firms for 1.9 trillion won ($1.72 billion) to Hanwha Group, the latest move in the massive task of restructuring the country's ...
Samsung to sell chemicals and defence stakes
Samsung Group has agreed to sell most of its chemicals and defence operations to Hanwha for Won1.9tn ($1.7bn), in the latest restructuring move as South Korea's largest conglomerate prepares for a leadership succession.
Samsung Group sells stakes amid restructuring
Samsung Group announced Wednesday it would sell stakes in four petrochemical and defense affiliates to the Hanwha conglomerate for about $1.7 billion (1.36 billion euros).
Hanwha Group to acquire Samsung chemical, defence units - source
South Korea's Yonhap News Agency reported earlier on Wednesday that Hanwha Group firms will likely acquire stakes in the the four Samsung firms for more than 2 trillion won ($1.8 billion) without citing direct sources. (1 US dollar = 1,109.5000 Korean ...
Samsung Group sells stakes in four firms for 1.9 trillion won
Samsung Group is selling stakes in four chemical and defence firms for 1.9 trillion won (HK$13.3 billion) to Hanwha Group in the latest move in the restructuring South Korea's largest conglomerate.
Samsung to Sell Stakes in Chemical, Defense Units for $1.7 Billion
SEOUL´┐ŻSamsung Group said on Wednesday it will sell controlling stakes in its chemical and defense units for 1.9 trillion won ($1.7 billion) as South Korea's largest conglomerate continues restructuring moves ahead of an expected leadership succession.
Samsung to Buy Back Shares After $1.7 Billion Chemicals Sale
Samsung Electronics Co. said it will buy back shares valued at 2.19 trillion won ($2 billion) after its parent group announced the sale of stakes in chemicals and defense businesses in the chaebol's biggest restructuring. Samsung Electronics, the world ...
Samsung's Heir Makes Mark With $8 Billion of Deals
Samsung yesterday unwound holdings involving at least eight businesses, with crown jewel Samsung Electronics Co. (005930) saying it would purchase about $2 billion of its own stock.
Samsung to speed up restructure by selling defense business
The related and required approval processes will commence in January and will be finished within the first half of next year, the Group said via a statement. This is the first time since the 1997 Asian financial crisis, in which Samsung sold its entire ...