Investment banks jockey for Samsung restructuring bonanza


  • TECH
  • Wednesday, 02 Jul 2014

HONG KONG/SEOUL: Investment bankers are jostling to win plum roles from the founding Lee family of Samsung Group, South Korea's top fee-payer, as it prepares to hand the baton to the next generation in a restructuring that could land more than US$100mil (RM320.5mil) in advisory fees alone. 

Foreign and Korean investment banks are bringing in their chief executives and top dealmakers to pitch for a glut of deals as the US$407bil (RM1.3tril) Samsung Group untangles an empire that ranges from electronics to financial services. 

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