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US investor Elliott takes aim at Asia's family-run firms

2015-06-19 05:33:10| Semiconductors - Topix.net

The Samsung logo is show as the Korean conglomerate is one of the family-owned firms in Asia being challenged by activist investors such as US hedge fund Elliott Management headed by billionaire Paul Singer. Photo: AFP US billionaire Paul Singer appears to have paved the way for activist investors to fight for shareholders' rights where few hedge funds have ventured: Asia's biggest family-run firms.

Tags: takes aim investor firms

 

Elliott says Cheil-Samsung C&T merger is for Samsung Group succession

2015-06-19 05:33:09| Semiconductors - Topix.net

A man tours a showroom of Samsung Electronics Co. in Seoul, South Korea, in this January 23, 2014 file photo.

Tags: group samsung merger succession

 
 

Hedge fund Elliott: Samsung Group must offer fair price for restructuring

2015-06-18 02:53:09| Chemicals - Topix.net

U.S. activist hedge fund Elliott said on Thursday South Korea's Samsung Group [SAGR.UL] should make a fair offer to Samsung C&T Corp ( Elliott, a Samsung C&T shareholder, said that while it "understands and is supportive" of the need for South Korea's largest conglomerate to restructure in relation to its ongoing succession process, Samsung Group should properly recognize Samsung C&T's value.

Tags: price group offer fair

 

Hedge fund Elliott: Samsung Group must offer fair price for restructuring

2015-06-18 02:28:38| Semiconductors - Topix.net

U.S. activist hedge fund Elliott said on Thursday South Korea's Samsung Group [SAGR.UL] should make a fair offer to Samsung C&T Corp ( Elliott, a Samsung C&T shareholder, said that while it "understands and is supportive" of the need for South Korea's largest conglomerate to restructure in relation to its ongoing succession process, Samsung Group should properly recognize Samsung C&T's value.

Tags: price group offer fair

 

Activist Elliott starts 'war' on Samsung family

2015-06-07 07:22:42| Chemicals - Topix.net

South Korea's most-powerful family is under attack by tenacious hedge-fund owner Paul Elliott Singer, who says the Lees' plan to solidify control over Samsung Group is unfair to investors. Elliott Associates said on Thursday it bought a 7.12 per cent stake in construction firm Samsung C&T.

Tags: family war samsung starts

 

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