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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.
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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.
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samsung
UPDATE 2-Tate & Lyle to restructure European venture, Splenda unit
2015-04-21 13:12:17| Agriculture - Topix.net
British food ingredients maker Tate & Lyle announced a major restructuring on Tuesday, saying it would exit most of its European bulk ingredients business and make changes to its struggling Splenda sucralose unit. Tate plans to exit bulk ingredients plants in Bulgaria, Turkey and Hungary, selling its stake in a European corn wet-milling joint venture to its partner Archer Daniels Midland .
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Hanesbrands eyes 600 job cuts in European restructure
2015-04-17 18:32:00| Daily apparel & textile news and comment - from just-style.com
US apparel maker Hanesbrands, owner of DBApparel and Maidenform businesses, is proposing a restructure that could see some 600 jobs cut in Europe, but has said "manufacturing is unaffected".
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