Samsung Life to divest 1.3 trln won worth of Samsung Electronics' shares
FILE PHOTO: The logo of Samsung Electronics is seen at the company's store in Seoul, South Korea, April 15, 2025. REUTERS/Kim Hong-Ji/File Photo
SEOUL, March 19 : Samsung Life said in a corporate filing on Thursday that the company will divest 1.3 trillion won ($867.07 million)worth of its stake in Samsung Electronics.
The decision is part of efforts to resolve risks from a local regulation on the governance of finance companies, it said.
($1 = 1,499.3000 won)
Source: Reuters
