Special Situations, Content Strategist, Smartkarma

Crispin Francis

Special Situations, Content Strategist

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Event-Driven

The National Pension Service (NPS) announced on 24 June 2015 that it will oppose a merger between <a href="http://www.smartkarma.com/insights/sk-c-c-sk-holdings-the-re-building-of-an-empire" target="_blank">SK Holdings / SK C&amp;C</a> on the basis that the proposed deal would undermine minority shareholders. Share prices of SK Holdings did not react much to the announcement while Samsung C&amp;T closed ~4% higher on 24th June but returned 3.4% of the gains at the close of today.NPS' actions have a greater implication for <a href="http://www.smartkarma.com/insights/samsung-c-t-too-big-to-cheil" target="_blank">Samsung C&amp;T / Cheil</a> merger which is pending a court verdict for the injunction (1st July 2015) and the shareholder's meeting (17th July 2015)More details in the insight.

The National Pension Service (NPS) announced on 24 June 2015 that it will oppose a merger between SK Holdings / SK C&amp;C on the basis that the proposed deal would undermine minority shareholders. Share prices of SK Holdings did not react much to the announcement while Samsung C&amp;T closed ~4% higher on 24th June but returned 3.4% of the gains at the close of today.NPS' actions have a greater implication for Samsung C&amp;T / Cheil merger which is pending a court verdict for the injunction (1st July 2015) and the shareholder's meeting (17th July 2015)More details in the insight.

South Korea's National Pension Service - Smashing Traditions

Samsung C&T Corp/Old

South Korea's National Pension Service - Smashing Traditions