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المشهد العربي
Samsung denies US listing plans
Samsung Electronics, the South Korean company, officially denied recent reports circulating about its consideration of listing American depositary receipts (ADRs) on the U.S. market. The company clarified that it is currently focused on its existing investment and operational strategies and is not considering any plans to issue these certificates at this time. This response comes after an earlier report by Bloomberg Agency claiming that Samsung’s management had engaged in discussions with major investment banks to explore the possibility of a dual listing in the United States.
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