As published today in Reuters, apparently from the US background Elliott Associates, which currently owns 0,6% of Samsung's total, the Korean company is being asked to divide it into two. This initiative has a clear economic profile since, according to studies carried out by the fund itself, apparently Samsung would be undervalued, more or less 70%, due to its complex corporate structure.
With this in mind, it is much easier to understand what drives this fund to ask Samsung to split in two, one part where the operating part of the company would remain while the other would be a holding company. This request has not fallen on deaf ears since, according to what has also been commented from Seoul Economic Daily, citing in turn an anonymous source very close to the company, it seems that Samsung's board of directors will meet next Tuesday, tomorrow. yourself, to consider the proposal that has come to you from Elliott Associeates.
Tomorrow there will be a meeting to decide if Samsung finally separates into two companies.
As expected, mainly due to the size of the company, the Korean regulatory administration has launched a formal request to Samsung to clarify its intentions and especially if they are planning a division of the company. From Samsung itself they have answered that it will be tomorrow, we assume that just after carrying out this meeting, when a conference will be held to explain their compensation plans to shareholders Since, when divided, they would have to distribute a special dividend valued at 26.000 million dollars to investors.