Home Court ruling boosts chances of Samsung merger
 

Keywords :   


Court ruling boosts chances of Samsung merger

2015-07-01 14:33:01| Semiconductors - Topix.net

A South Korean court on Wednesday rejected an injunction request by U.S. hedge fund Elliott Associates to block a proposed merger of two Samsung Group affiliates, paving the way for the deal proceedings crucial for the group's leadership transition. Elliott, the third-largest shareholder of Samsung C&T, the group's construction and trading unit, filed two injunctions early this month, asking the court to stop a shareholder vote on July 17 on the merger plan between the builder and Cheil Industries, Samsung's de facto holding company.

Tags: court samsung chances ruling

Category:Electronics and Electrical

Latest from this category

All news

»
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Forecast Discussion Number 9
05.11Tropical Storm Rafael Wind Speed Probabilities Number 9
05.11Tropical Storm Rafael Public Advisory Number 9
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Forecast Advisory Number 9
05.11Kim Madigan to chair 2025 FTA Fall Technical Conference
05.11PM responds to Sir Alan Bates after repeated requests
More »