Wednesday, 23 October 2013

Samsung will buy shares of Corning

Early last year, Samsung and protected by glass manufacturer Corning announced the formation of a joint venture Samsung Corning Precision Materials (SCP). Now, less than two years from the date announced further closing companies. Through a series of transactions, Samsung will receive 7.4% of Corning. Currently, the share of Samsung accounted for 43% of SCP. These shares are purchased Corning for...



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