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In $8 billion Samsung bid, some Koreans break ranks to side with foreign activist
2015-06-15 00:09:41| Electronics - Topix.net
In a country with a record of hostility toward foreign capital, some local investors are breaking with tradition as they side with a U.S. hedge fund opposing an $8 billion merger seen vital to the transfer of leadership at South Korea's top conglomerate. Hundreds of Samsung C&T Corp's small stakeholders have converged on a public web forum in recent days to protest what they say is a low-ball all-stock takeover offer from Cheil Industries Inc , an affiliate of Samsung Group and the conglomerate's de facto holding company.
In $8 billion Samsung bid, some Koreans break ranks to side with foreign activist
2015-06-14 23:53:03| Semiconductors - Topix.net
In a country with a record of hostility toward foreign capital, some local investors are breaking with tradition as they side with a U.S. hedge fund opposing an $8 billion merger seen vital to the transfer of leadership at South Korea's top conglomerate. Hundreds of Samsung C&T Corp's small stakeholders have converged on a public web forum in recent days to protest what they say is a low-ball all-stock takeover offer from Cheil Industries Inc , an affiliate of Samsung Group and the conglomerate's de facto holding company.
VIDEO: Foreign universities in Singapore
2015-06-10 09:52:05| BBC News | Business | UK Edition
Many Asian students traditionally go abroad to get an international education, but in recent years, prestigious overseas universities have been setting up campuses or joint degree programs in Asia
Tags: video
foreign
singapore
universities
Sugar industry politics threaten $3b in foreign investment
2015-06-10 06:43:14| Sugar Industry News
The three foreign companies that control Australia's sugar milling industry are gradually losing the political battle to continue marketing the country's sugar crop in a free and open market.
Tags: industry
foreign
investment
politics
Foreign investors emerge as Samsung merger deal breakers
2015-06-09 16:38:12| Semiconductors - Topix.net
Foreign investors of Samsung C&T have emerged as a challenger against the merger plan with another Samsung affiliate Cheil Industries. While U.S.-based hedge fund Elliott, Samsung C&T's biggest foreign investor with a 7.12 percent stake, is seeking allies to veto the merger at the July 17 shareholders meeting, Samsung managers are striving to call in its friends in order to secure what they call "managerial rights."
Tags: deal
foreign
samsung
investors
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