Samsung Electronics says sold shares in four companies

Reuters News
Posted: Sep 17, 2016 9:53 PM

SEOUL (Reuters) - South Korean tech giant Samsung Electronics Co Ltd said on Sunday it sold shares in ASML Holding NV, Rambus Inc, Seagate Technology Plc and Sharp Corp.

Samsung said in a statement it sold about half of its shares in ASML while selling its entire 4.2 percent stake in Seagate, its 0.7 percent stake in Sharp and its 4.5 percent stake in Rambus.

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The company did not disclose financial terms of the share sales.

(Reporting by Se Young Lee; Editing by Robert Birsel)