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Korea Republic of : SAMSUNG GROUP's heir-apparent looks to boost grip [TendersInfo (India)](TendersInfo (India) Via Acquire Media NewsEdge) Samsung Group's heir-apparent, Lee Jay-yong, is looking to acquire stakes in the group's key financial associates. According to sources, the move would help boost Lee's grip on South Korea's largest business group. Lee, who is vice chairman of Samsung Electronics Co., the world leading smartphone maker is seeking to buy stakes in Samsung Life Insurance Co. and Samsung Fire & Marine Insurance Co., the country's major insurance companies. Lee's plan requires approval from the country's financial regulator. (c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info). [ Back To TMCnet.com's Homepage ] |