Daily BriefsSouth Korea

Daily Brief South Korea: Samsung Electronics and more

In today’s briefing:

  • When Will Samsung Life Insurance Be Forced to Sell Its Stake in Samsung Electronics by the Govt?

When Will Samsung Life Insurance Be Forced to Sell Its Stake in Samsung Electronics by the Govt?

By Douglas Kim

  • The debate about whether or not Samsung Life Insurance should sell its stake in Samsung Electronics is being reviewed by the National Assembly once again.
  • The greater probability event is status quo. The Korean government is not likely to force Samsung Life Insurance to sell its stake in Samsung Electronics in the near term.
  • Korean government is likely to require Samsung Life Insurance to sell its stake in Samsung Electronics after the Lee family has paid off all their inheritance taxes in 3-4 years.

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