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Activist investor Elliott urges Samsung Electronics to "demerge"
October 5, 2016 / 12:57 PM / a year ago

Activist investor Elliott urges Samsung Electronics to "demerge"

Oct 5 (Reuters) - Activist investor Elliott Management urged Samsung Electronics Co Ltd to explore a “demerger”, splitting into a listed holding company and a listed operating company.

Elliott, in a letter to Samsung Electronics’ board on Wednesday, also said the new holding company should look at a possible all-stock merger with Samsung C&T Corp.

Samsung C&T is the defacto holding firm of the Samsung Group . (Reporting by Rishika Sadam; Editing by Sriraj Kalluvila in Bengaluru)

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