Samsung Explores US ADR Offering as Memory Chip Stock Volatility Clouds Decision
Updated
Updated · Bloomberg · Jul 14
Samsung Explores US ADR Offering as Memory Chip Stock Volatility Clouds Decision
2 articles · Updated · Bloomberg · Jul 14
Summary
Samsung Electronics has begun early talks with banks about a possible US American depositary receipts offering, though it has not decided whether to proceed.
The company is weighing volatile memory-chip stock performance as it considers a US listing, according to people familiar with the discussions.
A deal would also have to account for Samsung's broad mix of businesses and recurring labor disputes, both of which could complicate how the offering is structured.