Samsung Electronics says not considering merger of holding firm and Samsung C&T
29 Nov 2016 8:26 AM IST
Samsung Electornics has no plans at present to consider a merger between a holding firm and Samsung C&T.
Samsung has sold non-core assets while pushing through a merger of two affiliates in 2015.
Samsung Electronics said on Tuesday it has no plans at present to consider a merger between a holding company and Samsung C&T Corp in its ongoing structural review.
US 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 Samsung C&T.
Samsung Electronics said it will only consider at present whether it should move to a holding company structure.
Next Story
