Samsung to unload controversial stake in MRO affiliate
Seoul - Yonhap
Samsung, South Korea's largest industrial group, said Monday that the group's affiliates will sell their stake in an affiliate that provides procurement services and maintenance, repair and operations (MRO) goods, apparently after the conglomerate came under government and public pressure. Samsung Electronics Co., the group's flagship unit, and eight affiliated companies will seek to sell a combined 58.7 percent stake in iMarketKorea Co., the country's leading procurement service provider, the group said in a statement. The group set up iMarketKorea in 2000.
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Moscow - TASS
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