Samsung Electronics considers splitting firm in two

Samsung Electronics considers splitting firm in two
 

Samsung Electronics has confirmed it is considering dividing the company into two separate firms.
The company has been under pressure from some investors to break itself into a holding unit and an operating company to boost shareholder value.
The South Korean technology giant also announced plans to increase shareholder returns, and said it will continue to buy back more shares.
Restructuring pressure had been mounting after the Note 7 fiasco.
Samsung said it would bring in "external advisors to conduct a thorough review of the optimal corporate structure."
The firm pointed out... read more

 
29 November 2016 in Business, Views: 95
Source: BBC
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