South Korea pension fund to vote for Samsung merger: Report
South Korea`s NPS has decided to vote its shares in favour of an $8 billion all-stock takeover offer from sister firm Cheil Industries Inc.
Jul 11, 2015, 11:26 AM ISTSamsung's Cheil, pitching $8 billion merger, pledges higher returns
Locked in a battle with an activist U.S. hedge fund, the Samsung Group`s de facto holding company sought to win support for a proposed USD 8 billion merger with a sister firm by pledging measures to bolster post-deal shareholder returns.
Jun 30, 2015, 10:29 AM ISTUS fund accuses Samsung of foul play over stock sale
US hedge fund Elliott urged a South Korean court today to approve an injunction against the proposed merger of two Samsung units, insisting it is aimed at facilitating a generational power transfer rather than acting in the interest of shareholders.
Jun 19, 2015, 17:32 PM ISTUS fund seeks court action to stop Samsung stock sale
US hedge fund Elliott said Thursday it would file a lawsuit against a proposed stock sale aimed to facilitate the merger of two Samsung Group affiliates.
Jun 11, 2015, 09:11 AM IST