Samsung Elec shares worth $1.1 billion being sold in block deal
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© Reuters. FILE PHOTO – The Samsung Electronics logo is seen in its Seoul office, South Korea on October 11, 2017. REUTERS/Kim Hong-JiSEOUL (Reuters) – Kookmin Bank sold shares of Samsung Electronics (OTC) on Thursday according to a termsheet seen by Reuters.
According to the term sheet, 19.9 Million shares have been sold at 68.800 Won per share.
Samsung (KS) Electronics didn’t have an immediate comment.
($1 = 1,218.6200 won)
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