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 (Reuters) - ⁠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.

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