SEOUL Aug 18 South Korea's Samsung Life Insurance Co Ltd will acquire additional stakes in sister companies Samsung Fire & Marine Insurance Co Ltd and Samsung Securities Co Ltd, Yonhap News Agency reported on Thursday.
Yonhap, citing unnamed sources, said Samsung Life would buy Samsung Fire & Marine's treasury shares - equivalent to a 9 percent stake in the insurer - as well as Samsung Fire & Marine's 9 percent stake in Samsung Securities.
05:16 Samsung burning to regain trust with results of Note 7 fires probe18
02:19 Samsung Blames Galaxy Note 7 Fires On Faulty Batteries25
01:45 Japanese shares fall 1% as yen strengthens, Samsung presser announcements ahead18
20:03 Kellyanne Conway draws fire after "alternative facts" defense20