October 26, 2020
SEOUL (Reuters) – Shares in Samsung C&T and Samsung Life Insurance rose 20% and 15% respectively on Monday morning after Samsung Electronics Chairman Lee Kun-hee died on Sunday.
Lee, who built Samsung Electronics into a global tech giant, died on Sunday at 78, leaving potentially thorny succession issues for his children involving stakes in affiliates such as Samsung C&T and Samsung Life.
The wider market was up 0.5%.
(Reporting by Joyce Lee; Editing by Himani Sarkar)
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Samsung affiliates’ shares rise after death of Samsung Elec Chairman Lee
![Samsung affiliates’ shares rise after death of Samsung Elec Chairman Lee]()
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October 25, 2020
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