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Samsung heir makes his mark

Shares of electronics company surges most in almost 6 years as he makes US$8b in proposed deals, including a stock buyback
Friday, November 28, 2014 - 05:50
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Lee Jae Yong is trying to find a way forward for the more than 70 firms that his family controls.

Seoul

LEE Jae Yong is putting his stamp on Samsung Group after his father's hospitalisation with US$8 billion in proposed deals, including a stock buyback. Shares of its electronics company surged the most in almost six years.

Samsung on Wednesday unwound holdings involving at