Samsung Life to sell $925 mln Samsung Elec stake via block deal -report

Samsung Life Insurance

30/05/2018 07:20

SEOUL, May 30 (Reuters) - Samsung Life Insurance Co Ltd
 032830.KS  plans to sell part of its shares in Samsung
Electronics Co Ltd  005930.KS  worth 1 trillion won ($925.75
million), local media reported on Wednesday.
    ChosunBiz cited an unidentified finance industry source as
saying Samsung Life's board had passed the sale plan.
    An official at Samsung Life said he was checking the report.
    ($1 = 1,080.2000 won)

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