Korea Joongang Daily
Korea JoongAng Daily

Samsung C&T prevails in Elliott suit over interest concerning Cheil merger

A Korean appellate court on Thursday sided with Samsung C&T, ruling that the company does not owe delayed interest to U.S. hedge fund Elliott Investment Management in a long-running dispute tied to Samsung's 2015 merger with Cheil Industries.

2025-05-29

Gov't drops appeal in court battle over $32M payout to Mason Capital

The government decided on Friday not to appeal a court ruling that rejected its attempt to overturn an international arbitration order requiring it to pay $32 million to U.S.-based hedge fund Mason Capital.

2025-04-18

A Beaker of 'Alchemy': Brand, artist collab on seasonal products

Samsung C&T Fashion Group opened a collaboration between its brand Beaker and art director Yuni Yoshida on Dec. 17.

2024-12-17

Korea's pension fund files damages suit against Samsung chairman over merger losses

Korea's national pension fund said Tuesday it has filed a lawsuit against Samsung Electronics Chairman Lee Jae-yong with a Seoul court seeking compensation over losses incurred from a controversial merger of two Samsung affiliates.

2024-09-25

Samsung C&T begins initial planning stage of Romanian SMR project

Samsung C&T began the front-end engineering design phase of a small modular reactor project in Romania with three U.S. engineering firms.

2024-07-25

Korea appeals $32 million fine for 2015 Samsung merger dispute

The Korean government on Thursday filed an appeal against a ruling made by an international tribunal that ordered the government to pay $32.03 million to the New York-based hedge fund Mason Capital Management.

2024-07-11

Gov't ordered to pay $32M compensation to U.S. Mason Capital

The Korean government has been ordered to pay $32.03 million to the New York-based hedge fund Mason Capital Management as an international tribunal partially upheld the hedge fund’s $175 million damage suit.

2024-04-11

Lee Seo-hyun returns to Samsung C&T as president of strategy planning

The second daughter of Samsung founder Lee Kun-hee is returning to the construction and fashion affiliate.

2024-03-29

Samsung C&T wins majority of votes against activist funds

Samsung C&T won an overwhelming majority of votes against activist funds over the latter’s demand for higher shareholder returns, driving its share price plunge in the market on Friday.

2024-03-15

Five activist funds call for Samsung C&T to up shareholder value at general meeting

Five activist funds demanded Samsung C&T raise cash dividends and cancel treasury stocks. The company plans to put the requests up for a vote at an annual shareholders meeting on March 15, the company said in a regulatory filing.

2024-02-15