Samsung Life plans $1.1 bln Samsung Elec stake sale

Samsung Life Insurance

30/05/2018 08:00

SEOUL, May 30 (Reuters) - Samsung Life Insurance Co Ltd
 032830.KS  said on Wednesday it had decided to sell part of its
shares in Samsung Electronics Co Ltd  005930.KS  worth 1.2
trillion won ($1.1 billion).
    The insurance firm said in a regulatory filing that the
disposal was to preemptively remove regulatory risks.
($1 = 1,080.0700 won)

 (Reporting by Ju-min Park and Joyce Lee; Editing by Stephen
Coates)
 ((ju-min.park@thomsonreuters.com; +82 2 3704 5650; Reuters
Messaging: ju-min.park.thomsonreuters.com@reuters.net))