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In transition, Samsung Group hands more cash to investors| Reuters

Nov 03, 2015    

SEOUL A leadership transition at Samsung Group, South Korea's biggest conglomerate, is ushering in a major shift in what the group does with its huge cash pile and in its relationship with investors.Where Samsung patriarch Lee Kun-hee, 73 and hospitalised from a heart attack 18 months ago, prioritised cash for long-term investments, heir-apparent Jay Y. Lee appears willing to give more money to shareholders.That could go some way to win over shareholders whose support the Lee family will need for future restructuring moves.Samsung Group firms have this year announced or completed 13.4 trillion...

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