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UPDATE: Investor Elliott Faces Probe Over Cheil Industries Merger

South Korea’s financial regulator Financial Supervisory Services investigated whether U.S. hedge fund Elliott Associates L.P., breached the disclosure rule last year when it failed to publicly disclose that it had acquired an interest in Samsung C&T that exceeded 5% and concluded that it did this past Sunday, according to Korea Times. 507 altre parole

Fashion Reportage

Samsung Faces Insider Trading Probe Over Fashion Division

South Korea’s top financial regulator, Financial Services Commission is reportedly probing whether executives from Samsung, one of the top 10 chaebols in South Korea, used inside information to purchase considerable Cheil Industries Inc., shares before the all stock merger with Samsung C&T was publicly announced. 224 altre parole

Cheil Industries Inc.