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 ISTSamsung'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