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Samsung Life to buy Samsung Electronics' entire stake in Samsung Card - media

2016-01-28 06:19:23| Electronics - Topix.net

Jan 28 Samsung Life Insurance Co Ltd will buy sister company Samsung Electronics Co Ltd's entire stake in affiliate Samsung Card Co Ltd , South Korean online publication Money Today reported on Thursday. The life insurer's board plans to vote on Thursday on buying Samsung Electronics' 37.5 percent stake in the Samsung Group credit card business, Money Today reported, citing unidentified sources in the financial industry and wider industry in general.

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