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Samsung Electronics says not considering merger of a holding firm and Samsung C&T

Reuters  |  SEOUL 

SEOUL (Reuters) - Electronics Co Ltd <005930.KS> said on Tuesday it has no plans at present to consider a between a holding company and C&T Corp <028260.KS> in its ongoing structural review.

U.S. activist hedge fund Elliott Management in October called for the world's top smartphone maker to split itself into a vehicle for ownership and an operating company, then merge the ownership company with C&T.

Electronics said it will only consider at present whether it should move to a holding company structure.

(Reporting by Se Young Lee; Editing by Stephen Coates)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Samsung Electronics says not considering merger of a holding firm and Samsung C&T

SEOUL (Reuters) - Samsung Electronics Co Ltd <005930.KS> said on Tuesday it has no plans at present to consider a merger between a holding company and Samsung C&T Corp <028260.KS> in its ongoing structural review.

SEOUL (Reuters) - Electronics Co Ltd <005930.KS> said on Tuesday it has no plans at present to consider a between a holding company and C&T Corp <028260.KS> in its ongoing structural review.

U.S. activist hedge fund Elliott Management in October called for the world's top smartphone maker to split itself into a vehicle for ownership and an operating company, then merge the ownership company with C&T.

Electronics said it will only consider at present whether it should move to a holding company structure.

(Reporting by Se Young Lee; Editing by Stephen Coates)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Samsung Electronics says not considering merger of a holding firm and Samsung C&T

SEOUL (Reuters) - Electronics Co Ltd <005930.KS> said on Tuesday it has no plans at present to consider a between a holding company and C&T Corp <028260.KS> in its ongoing structural review.

U.S. activist hedge fund Elliott Management in October called for the world's top smartphone maker to split itself into a vehicle for ownership and an operating company, then merge the ownership company with C&T.

Electronics said it will only consider at present whether it should move to a holding company structure.

(Reporting by Se Young Lee; Editing by Stephen Coates)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22