Samsung Electronics family to sell $1.2 bln stake amid share rally
- 20-Oct-2025
SEOUL: The mother and two sisters of Samsung Electronics Chairman Jay Y. Lee plan to sell some 1.73 trillion won ($1.22 billion) worth of shares in the South Korean tech firm, the company said in a regulatory filing. The purpose of the sale of 17.7 million shares, or a 0.3% stake in Samsung Electronics, is […]
Samsung Heavy to absorb Samsung Engineering for $2.5 billion
- 01-Sep-2014
SEOUL: Samsung Heavy Industries will absorb Samsung Engineering for about $2.5 billion, the latest step in a restructuring at South Korea's largest conglomerate that has accelerated since the controlling Lee family's patriarch was hospitalized in May.