Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Samsung Electronics family to sell stake worth $1.2 billion
short by Mansi Agarwal / on Saturday, 18 October, 2025
The mother and two sisters of Samsung Electronics Chairman Jay Y Lee plan to sell a 0.3% stake in the South Korean major worth around $1.2 billion. According to experts, the sale is part of the owner family's efforts to raise funds to pay their inheritance tax. Shares of Samsung Electronics have risen 84% so far this year.
read more at Reuters