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Samsung family members sell W2 7tr worth of shares in group units in block deal

Three members of Samsung Group's founding family have sold their shares totaling 2.7 trillion won ($2 billion) in group affiliates, including Samsung Electronics, in an apparent bid to pay inheritance taxes. Samsung Electronics said in a regulatory filing Monday that Hong Ra-hee, the mother of Samsung Electronics Chairman Lee Jae-yong, and her two daughters Hotel Shilla Co. CEO Lee Boo-jin and Lee Seo-hyun, c.

Samsung family members sell 2 7 tril won worth of shares in block deal

Three members of Samsung Group s founding family have sold their shares totaling 2.7 trillion won ($2 billion) in group affiliates, including Samsung Electronics Co., in an apparent bid to pay inheritance taxes.

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