Samsung SDS considers spinning off logistics business | Reuters - Firstpost
You are here:

Samsung SDS considers spinning off logistics business | Reuters


SEOUL Samsung SDS Co Ltd (018260.KS) said on Tuesday it is considering spinning off its logistics process outsourcing business, and will consider acquisitions and new businesses to increase external customer sales.

Samsung SDS, which handles some of Samsung Electronics' (005930.KS) global logistics process outsourcing, said in a regulatory filing it had reported to its board of directors about the spinoff under consideration, but gave no details.

(Reporting by Joyce Lee; Editing by Stephen Coates)

This story has not been edited by Firstpost staff and is generated by auto-feed.

First Published On : Jun 7, 2016 06:30 IST

Comment using Disqus

Show Comments