SEOUL, April 1 (Korea Bizwire) — Samsung C&T Corporation and Samsung SDI have changed their conditions for selling their shares in Samsung General Chemicals to Hanhwa Chemical in a bid to reduce any related risks. The three companies have confirmed the changes through a corrective disclosure on March 31. Initially, Samsung C&T Corporation and Samsung SDI were [...]
SEOUL, Dec. 1 (Korea Bizwire) – Workers of Samsung affiliates to be sold to Hanwha Group are protesting the massive sell-off of their companies. A Samsung worker even left a post selling his Samsung badge on an online direct commerce site as an expression of his protest against the deal. On November 28, workers of Samsung Total [...]
SEOUL, Sep. 3 (Korea Bizwire) – Samsung Electronics is reviewing an idea of merging Samsung Medison, an unlisted medical equipment maker. In a regulatory filing on September 2, Samsung Electronics said, “We are currently considering whether to pushing forward with a merger with Samsung Medison. We will disclose later as soon as detailed decisions are made.” The electronic [...]
SEOUL, Sep. 2 (Korea Bizwire) – Two Samsung Group companies Samsung Heavy Industries and Samsung Engineering have decided to merge with each other in a board of directors meeting on September 1. The two companies will exchange shares at the ratio of 1 to 2.36. Samsung Heavy Industries will grant 2.36 shares to Samsung Engineering shareholders for every share [...]