Activist Fund Launches First Test of New Shareholder Rights Law Against Samsung

Flashlight Capital has initiated a takeover bid for a Samsung affiliate, marking South Korea's first application of newly enacted corporate governance rules designed to empower shareholders.

27 Aug, 01:00 — 27 Aug, 01:00

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FTVery High1h ago

Activist fund targets Samsung in South Korea’s first test of shareholder rights rules

Flashlight Capital says new corporate governance law emboldened it to make takeover bid for conglomerate affiliate

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Activist Fund Launches First Test of New Shareholder Rights Law Against Samsung

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Activist fund targets Samsung in South Korea’s first test of shareholder rights rules

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