April 10, 2018 / 7:23 AM / 8 months ago

S.Korea's Samsung SDI says to sell $546 mln Samsung C&T shares

SEOUL, April 10 (Reuters) - South Korea’s Samsung SDI said on Tuesday it is selling shares worth 582 billion won ($546 million) in affiliate Samsung C&T Corp .

Samsung SDI said in a regulatory filing that it would sell the shares on Wednesday to resolve cross-shareholding ties and secure funds for investment. ($1 = 1,066.1500 won) (Reporting by Joyce Lee; Editing by Himani Sarkar)

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