1. Cheil Industries Promises Better Dividends if Merger Approved

    Cheil Industries Promises Better Dividends if Merger Approved

    Cheil Industries’ offer appears to target hedge fund Elliott’s allegations of weak minority shareholder protection at Samsung C&T SEOUL-—Cheil Industries Inc., the Samsung conglomerate’s de facto holding company, said Tuesday it would boost dividends and establish a corporate governance committee -- but only after a contentious merger with Samsung’s construction and trading company is approved by shareholders...

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