Samsung scion buys shares worth $186m in group firms, tightens grip on reins

Samsung scion buys shares worth $186m in group firms, tightens grip on reins

The logo of Samsung Electronics is seen at the company's headquarters in Seoul July 6, 2012. REUTERS/Lee Jae-Won/Files

Samsung Group‘s de facto leader Jay Y Lee will buy shares worth 230 billon won ($186 million) in two of its businesses, strengthening his grip on the smartphones-to-construction conglomerate amid an ongoing succession process.

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