S. Korea accepts int'l arbitration in favor of Elliott in Samsung merger case
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South Korea will accept an international arbitration ruling in favor of US hedge fund Elliott Investment Management over the 2015 merger of two Samsung affiliates, the justice ministry said Wednesday. The ministry decided not to file a suit seeking a cancellation of last month's ruling, which ordered South Korea to pay about 153 billion won ($114 million) in damages plus interest to Elliott. Elliott originally filed the case in 2018, seeking compensation over losses from the controversial merger
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- https://www.koreaherald.com/article/10918105
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- 28/10/2026 08:49 UTC
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- 28/10/2026 09:10 UTC
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