Tag: pay elliott
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South Korea says ordered to pay Elliott $48.49 million over Samsung merger case
SEOUL, Oct 1 : South Korea has been ordered to pay Elliott Investment Management about $48.49 million plus interest after an arbitration tribunal ruled the government’s involvement in the 2015 merger of Samsung C&T and Cheil Industries was causally linked to the US fund’s losses, Seoul’s Justice Ministry said on Thu
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South Korea ordered to pay Elliott $48.49 million in Samsung merger case
SEOUL, Oct 1 : South Korea has been ordered to pay US hedge fund Elliott about $48.49 million plus interest after a tribunal ruled the government’s involvement in the 2015 merger of Samsung C&T and Cheil Industries was causally linked to Elliott’s losses, Seoul’s Justice Ministry said on Thursday.The remand t
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