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  Technology   In Other news  29 Nov 2016  Samsung Electronics says not considering merger of holding firm and Samsung C&T

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

REUTERS
Published : Nov 29, 2016, 8:26 am IST
Updated : Nov 29, 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 Electronics said it will only consider at present whether it should move to a holding company structure.
 Samsung Electronics said it will only consider at present whether it should move to a holding company structure.

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.

Tags: samsung electronics, samsung c&t, samsung