Samsung Electronics, Pushed by Investors, Will Consider Restructuring - News Summed Up

Samsung Electronics, Pushed by Investors, Will Consider Restructuring


PhotoHONG KONG — Under pressure from investors, Samsung Electronics said on Tuesday it might restructure its vast operations as a way to unlock shareholder value. The family-controlled South Korean electronics giant said it would consider creating a holding company and listing its operations on international exchanges. Those steps included creating a holding company and a listing on an American exchange by one of its arms. Samsung Electronics is part of the larger Samsung empire, a constellation of companies controlled by the family of its chairman, Lee Kun-hee. Jay Y. Lee, Mr. Lee’s son and vice chairman of Samsung Electronics, was expected to be a key part of any restructuring.


Source: New York Times November 29, 2016 02:47 UTC



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