Samsung SDI to sell W4.45tr Samsung Display stake to fund future growth

Samsung SDI said Friday it will sell a portion of its stake in affiliate Samsung Display for 4.45 trillion won ($3.22 billion), as the battery maker seeks to secure funds for investment in future growth businesses. In a regulatory filing, Samsung SDI said it will sell 13.09 million shares in Samsung Display for 340,000

A general view of the Samsung SDI battery factory in God, Hungary, December 12, 2022. REUTERS/Marton Monus 21 Aug 2026 03:28PM SEOUL, Aug 21 : Samsung SDI said on Friday it will sell 13.09 million shares in affiliate Samsung Display to the display maker for about 4.45 trillion won ($3.21 billion), to raise funds for in