Samsung affiliates' shares rise after Lee's death sparks hopes of shake-up

FILE PHOTO: Samsung Group chairman Lee Kun-hee (C) arrives at a main office of the Federation of Korean Industries, the country' biggest business lobby group, to meet President-elect Lee Myung-bak with other businessmen in Seoul December 28, 2007. REUTERS/Han Jae-Ho/File Photo

SEOUL: Shares in Samsung Electronics Co Ltd and affiliates rose on Monday after the death a day earlier of Chairman Lee Kun-hee sparked hopes for restructuring and stake sales, analysts said.

Investors were betting that such measures would be needed to pay a hefty inheritance tax, estimated around 10 trillion won ($8.9 billion) for stockholdings alone, although analysts were divided on which moves were most likely.