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Activist Elliott starts 'war' on Samsung family
2015-06-07 04:10:29| Semiconductors - 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
Activist Elliott starts 'war' on Samsung family
2015-06-07 03:55:31| Electronics - 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
UPDATE 2-US fund Elliott challenges Samsung Group restructure move
2015-06-04 10:04:18| Chemicals - Topix.net
An activist U.S. hedge fund on Thursday threw a spanner in the works of Samsung Group's restructuring by opposing a merger which would allow the controlling Lee family to consolidate their holdings ahead of a successional change of leadership. In a rare instance of investor activism in South Korea, hedge fund Elliott revealed it had built a major stake in construction firm Samsung C&T Corp and announced its opposition to Cheil Industries Inc's $8 billion takeover offer.
Tags: group
update
move
samsung
UPDATE 2-US fund Elliott challenges Samsung Group restructure move
2015-06-04 09:14:41| Electronics - Topix.net
An activist U.S. hedge fund on Thursday threw a spanner in the works of Samsung Group's restructuring by opposing a merger which would allow the controlling Lee family to consolidate their holdings ahead of a successional change of leadership. In a rare instance of investor activism in South Korea, hedge fund Elliott revealed it had built a major stake in construction firm Samsung C&T Corp and announced its opposition to Cheil Industries Inc's $8 billion takeover offer.
Tags: group
update
move
samsung
UPDATE 2-US fund Elliott challenges Samsung Group restructure move
2015-06-04 08:42:06| Semiconductors - Topix.net
An activist U.S. hedge fund on Thursday threw a spanner in the works of Samsung Group's restructuring by opposing a merger which would allow the controlling Lee family to consolidate their holdings ahead of a successional change of leadership. In a rare instance of investor activism in South Korea, hedge fund Elliott revealed it had built a major stake in construction firm Samsung C&T Corp and announced its opposition to Cheil Industries Inc's $8 billion takeover offer.
Tags: group
update
move
samsung
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