Activist Flashlight Capital urges Samsung to sell S-1 stake through open auction
28/09/2026 01:59
Activist Flashlight Capital urges Samsung to sell S-1 stake through open auction Sept 28 (Reuters) - Activist investor Flashlight Capital on Monday called on Samsung Group affiliates to launch a sale process for their stake in S-1 Corporation 012750.KS through an open auction after the affiliates declined its 906.6 billion won ($667.06 million) offer for their 20.6% stake in the South Korean security company.
($1 = 1,359.1000 won)
(Reporting by Rajveer Singh Pardesi in Bengaluru; Editing by Rashmi Aich)
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