Ron Burgundy Posted September 18, 2016 Share Posted September 18, 2016 Tech giant Samsung Electronics Co Ltd said on Sunday it sold shares in four companies including ASML Holding NV and Seagate Technology Plc to free up money for additional investments for its core businesses. Samsung said in a statement it sold about half of its shares in ASML while selling its entire 4.2 percent stake in Seagate. The company also sold its 0.7 percent stake in Sharp Corp and its 4.5 percent stake in Rambus Inc. A Samsung spokeswoman told Reuters the total proceeds from the sales exceeded 1 trillion won ($888.85 million) but declined to give further details including when the shares were sold. View the full article Quote Link to comment Share on other sites More sharing options...
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