follow the latest progress in Samsung "cbsnews" site most famous technicals /Katie Collins by 2016-11-28 at 23:8
as declared in
Samsung under pressure to split company in two
this image is quoting of "cbsnews" site
- Samsung customers who have had products recalled are not the only ones unhappy with the company as 2016 draws to a close.Feeling pressure from disgruntled shareholders, Samsung is set to announce changes on Tuesday that could boost the amount of profit returned to investors.Some shareholders are even encouraging the company to consider splitting in two, leaving a holding company and an operating company, according to Reuters.Samsung has been beset with problems, not least of them the recalls this year of the Samsung Galaxy Note 7 and of 2.8 million washing machines.
. read more from here
Samsung Elec says reviewing shift to holding company structure
this image is quoting of "reuters" site
- SEOUL Tech giant Samsung Electronics Co Ltd (005930.KS) said on Tuesday it will consider whether to transition to a holding company structure, a move long expected as the next succession step for the founding Lee family's heirs.The world's top maker of smartphones, memory chips and televisions said it was also examining the potential benefits of listing its shares on other overseas markets, and had hired advisers to conduct a review."The review does not indicate the management or the board's intention one way or another," the company said in a statement, adding it would take at least six months.Samsung's remarks come after U.S. activist hedge fund Elliott Management proposed in October the firm split itself into a holding vehicle for ownership purposes and an operating company.
. read more from here
Samsung reportedly considering splitting company in two
this image is quoting of "euronews" site
- Embattled South Korean electronics giant Samsung, reeling from exploding phones and washing machines, is considering splitting the company in two.The idea was floated in October by America's Elliot Investment, an activist fund looking to increase the value of its investment.It also wants the release of a special dividend of 24.4 billion euros, and the nomination of three independent administrators.Elliot holds 0.62% of Samsung.
. read more from here
Samsung says it's considering 'a holding company structure'
this image is quoting of "venturebeat" site
- Samsung today unveiled a wide-ranging "roadmap of actions" following an effort by activist investor Elliott Management to simplify the 47-year-old company, which employs more than 325,000 people.Among the ideas Samsung is exploring is "creating a holding company structure," according to a statement.That move could appease Elliott to a degree.But that sort of restructuring is one of many things that Elliott sought in its latest proposal.
. read more from here
to read more visit us Samsung
Post a Comment