Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

Samsung & HP's Print Deal - Sign for Price Downward Rigidity in SEC Shares

Event-Driven

<p>Multiple news agencies in Korea have reported that Samsung Electronics and HP are in talks over a possible sales of SEC's printing business unit to HP. This deal is estimated at US$1.8bil (up to US$2.0bil). One Korean newspaper even reported that Samsung Electronics will likely announce a decision on the potential sale sometime in next week. <em>* At this point, neither SEC nor HP officially confirms this report. Nonetheless, it appears that this deal is almost completed and SEC and HP seem to be</em>…</p>

Multiple news agencies in Korea have reported that Samsung Electronics and HP are in talks over a possible sales of SEC's printing business unit to HP. This deal is estimated at US$1.8bil (up to US$2.0bil). One Korean newspaper even reported that Samsung Electronics will likely announce a decision on the potential sale sometime in next week. * At this point, neither SEC nor HP officially confirms this report. Nonetheless, it appears that this deal is almost completed and SEC and HP seem to be…

Samsung Electronics Sells Printing Biz Unit to HP for US$2.0bil - Not a Bad Deal