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Samsung Group heir apparent seeks small stakes in insurance affiliates

2014-10-28 04:40:00| Chemicals - Topix.net

Lee is seeking regulatory approval to acquire a 0.1 percent stake each in Samsung Life and Samsung Fire & Marine, Samsung Group said in an email statement. He is re-investing after-tax proceeds of 25.2 billion won from selling his stake in Samsung Asset Management Co Ltd to Samsung Life earlier this year, according to the statement.

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