Shareholders back Samsung's key $8 billion merger plan in close vote
Samsung C&T Corp shareholders on Friday approved an $8 billion takeover offer from sister firm Cheil Industries Inc.
Jul 17, 2015, 10:25 AM IST
South Korea pension fund to vote for Samsung merger: Report
South Korea`s NPS has decided to vote its shares in favour of an $8 billion all-stock takeover offer from sister firm Cheil Industries Inc.
Jul 11, 2015, 11:26 AM IST
Samsung's Cheil, pitching $8 billion merger, pledges higher returns
Locked in a battle with an activist U.S. hedge fund, the Samsung Group`s de facto holding company sought to win support for a proposed USD 8 billion merger with a sister firm by pledging measures to bolster post-deal shareholder returns.
Jun 30, 2015, 10:29 AM IST
In $8 billion Samsung bid, some Koreans break ranks to side with foreign activist
In a country with a record of hostility towards foreign capital, some local investors are breaking with tradition as they side with a U.S. hedge fund opposing an USD 8 billion merger seen vital to the transfer of leadership at South Korea`s top conglomerate.
Jun 15, 2015, 09:39 AM IST
Samsung to merge two major units
Samsung Group announced Tuesday the merger of two major affiliates, as the South Korean business giant accelerates restructuring efforts ahead of a generational power transfer within the founding Lee family.
May 26, 2015, 09:33 AM IST
