Samsung To Buy SEHF Korea For KRW 104.99 Billion
(RTTNews.com) - Samsung Electronics Co. Ltd. (SSNLF.PK, SSNNF.PK) on June 26 (2012) said it has decided to purchase 100 percent stake in its sub-subsidiary SEHF Korea from its overseas subsidiary Samsung Electronics Hainan Fiber Optics or SEHF to improve business competitiveness by fostering synergy.
The firm is buying 379,440 shares for around 104.99 billion Korean won. The planned transaction date is September 10.
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