The Korea Herald

지나쌤

Samsung SDS denies reports on merger with Samsung C&T

By 황유미

Published : July 18, 2016 - 10:02

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[DISCLOSURE] Samsung SDS (018260) denied media reports saying it will sell logistics division or split off the division and merge with Samsung C&T (028260), in a statement on July 18 in response to Korea Exchange’s inquiry. 

The IT service affiliate of Samsung is considering splitting off its logistics arm but nothing has been confirmed, it added.