Samsung deals spurred by succession pressure

Shares in Samsung SDS and Samsung Card change hands as the heir apparent works to strengthen his grip over the group.

Samsung deals spurred by succession pressure

Samsung Group announced two transactions on Thursday that highlight the growing pressure on Korea’s biggest conglomerate to speed up corporate restructuring as it prepares for dynastic change.

They comprise the partial selldown by the only son of group chairman Lee Kun-hee and chief heir apparent, Lee Jae-yong, of a Samsung SDS stake and the internal transfer of Samsung Card shares between Samsung Electronics and Samsung Life Insurance.

Lee Jae-yong has commenced...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...