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Tag: samsung
ISS urges shareholders to reject Samsung merger
2015-07-03 16:44:06| Chemicals - Topix.net
Proxy-advisory firm Institutional Shareholder Services Inc. recommended shareholders reject a proposed merger of two Samsung Group companies, dealing a blow to a closely watched deal that is key to a succession plan at South Korea's biggest conglomerate. "significantly disadvantages Samsung C&T shareholders."
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Duke Energy upgrading Notrees 36 MW grid storage system with Samsung SDI Li-ion batteries
2015-07-02 20:55:42| Green Car Congress
Tags: system
energy
storage
samsung
S. Korea court rules in favour of Samsung subsidiaries merger
2015-07-02 11:29:44| Chemicals - Topix.net
A South Korean court on Wednesday ruled in favour of a proposed merger of two Samsung Group subsidiaries, rejecting a US hedge fund's motion to stop the eight-billion-dollar acquisition. US hedge fund Elliott had asked for a court injunction to stop Cheil Industries acquiring Samsung C&T Corp through an all-stock deal, a move seen as an effort by Samsung's founding Lee family to boost control over the conglomerate ahead of a generational power transfer.
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samsung
S. Korea court rules in favour of Samsung subsidiaries merger
2015-07-02 10:55:28| Electronics - Topix.net
A South Korean court on Wednesday ruled in favour of a proposed merger of two Samsung Group subsidiaries, rejecting a US hedge fund's motion to stop the eight-billion-dollar acquisition. US hedge fund Elliott had asked for a court injunction to stop Cheil Industries acquiring Samsung C&T Corp through an all-stock deal, a move seen as an effort by Samsung's founding Lee family to boost control over the conglomerate ahead of a generational power transfer.
Tags: rules
court
korea
samsung
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.
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