The Traderszone Network

Published in TZ Latest News 21 June, 2015 by The TZ Newswire Staff

In sensitive Samsung vote, South Korea pension fund may seek outside help

South Korea’s national pension fund, which holds what could be the swing shareholder vote in Samsung Group’s contentious $8 billion merger plan, may outsource its decision to an external panel, sources say. The National Pension Service (NPS) is the largest investor in South Korean stocks. It has substantial stakes in companies including Samsung C&T – the battleground between the powerful Samsung Group and U.S. hedge fund Elliott.