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Provider: Thomson Reuters Stock Report
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Provider: Thomson Reuters Stock Report
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Samsung SDI to merge with Cheil Industries

Sunday, 30 Mar 2014 07:43pm EDT 

Samsung SDI Co., Ltd:To merge with Cheil Industries Inc, which is engaged in the manufacturing and sales of chemicals and electronic materials, to improve operating efficency and create synergy.Merger ratio of 1 : 0.4425482 between Samsung SDI Co., Ltd. and Cheil Industries Inc.Says 23,206,189 new shares will be issued for the merger on July 15.Expected merger effective date of July 1.Samsung SDI Co., Ltd will survive and Cheil Industries Inc will be dissolved after the merger. 

Company Quote

-1500.0 -1.33%
10:51pm EDT