Shareholders back Samsung's key $8 billion merger plan in close vote

Last Updated: Friday, July 17, 2015, 10:25

Samsung C&T Corp shareholders on Friday approved an $8 billion takeover offer from sister firm Cheil Industries Inc.

Samsung heir apologises in public for MERS spread

Last Updated: Tuesday, June 23, 2015, 15:02

The heir of the Samsung business group made a deep bow in apology as criticism mounts on a Samsung hospital for its role in spreading the Middle East respiratory syndrome.

Samsung Electronics says no plans to merge with Samsung SDS

Last Updated: Wednesday, June 3, 2015, 15:09

"The management wants me to express clearly that we do not have a plan to merge with SDS," Robert Yi, Samsung Electronics` head of investor relations, said at a company event in Seoul.

Samsung to merge two major units

Last Updated: Tuesday, May 26, 2015, 09:33

Samsung Group announced Tuesday the merger of two major affiliates, as the South Korean business giant accelerates restructuring efforts ahead of a generational power transfer within the founding Lee family.

South Korea's Samsung Group heir apparent takes key leadership roles

Last Updated: Friday, May 15, 2015, 05:53

Samsung Group heir apparent Jay Y Lee will take over from his father Lee Kun-hee as head of two key foundations, the conglomerate said on Friday, suggesting that a transfer of leadership is underway at South Korea`s largest conglomerate.

Daughter of Samsung boss promoted to top job

Last Updated: Monday, December 2, 2013, 16:14

The second daughter of Samsung chairman Lee Kun-Hee has been made a president at the firm's de-facto holding company, it said today, cement his family's hold on the South Korean giant.