Samsung Electronics Agrees to Buy Grandis Inc. Stake, Spokesman Chung Says

Samsung Electronics Co. agreed to buy a stake in Grandis Inc., Samsung spokesman James Chung said by phone today, confirming an earlier Maeil Business Newspaper report. Chung declined to comment on the cost of the acquisition and the size of the stake.

To contact the reporter on this story: Saeromi Shin in Seoul at

To contact the editor responsible for this story: Anand Krishnamoorthy at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.