Activist attack gives Samsung cover to restructure 6 Oct 2016 Activist fund Elliott is picking on the South Korean group again. This time it wants Samsung Electronics to split in two and pay a special dividend. Yet the proposal would also strengthen the ruling Lee family's control. Samsung may actually gain by cooperating with Elliott.
Elliott puts Asia Inc on notice 6 Oct 2016 The feisty U.S. hedge fund has done a lot to establish activism in Asia, with a number of big wins. Now it wants a radical restructuring at Samsung. The move cements Elliott's reputation for taking on powerful targets and is a strong incentive for Asia's tycoons to behave better.
Renesas programs model outbound Japan deal 13 Sep 2016 The world's No. 3 chipmaker has agreed to buy U.S. peer Intersil for $3.2 bln. Unusually for a Japanese buyer, Renesas has large, clear synergy targets. These are mostly based on higher sales but if achieved, would more than cover the deal's near-$1 bln premium.
Samsung’s next leader faces two big challenges 11 Aug 2016 Heir apparent Jay Y. Lee is up against public mistrust and political uncertainty as he reshapes South Korea's top conglomerate. Fundamental questions of future growth also loom over the empire founded by his grandfather. How Lee navigates the two issues will determine his legacy.