Samsung to buy 10 per cent stake in rival Pantech for £31.6m

Sooraj Shah
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South Korean firm to be third largest stakeholder in local rival

Samsung is to buy a 10 per cent stake in South Korean rival Pantech in a deal valued at around 53 billion won (£31.6m). Yonhap News Agency reported on Wednesday that the deal would "help solidify" its...

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