Sun Pharma Wins U.S. Appeal in Pfizer Lipitor Antitrust Case 
Hermès Stock Downgraded by RBC as Luxury Growth Premium Narrows 
Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks 
Moderna Short Sellers Hit With $4.8 Billion Loss as Stock Soars 
SK Hynix Shares Surge on Record $28.6 Billion Buyback 
AstraZeneca Halts Phase III Volrustomig Lung Cancer Trial After Efficacy Setback 
Coty Revenue Beats Estimates as Beauty Demand Holds Firm 
Lockheed Martin Secures $153.5 Million in U.S. Defense Contracts 
Samsung Eyes $72 Billion Shareholder Return Plan as AI Chip Boom Fuels Profits 
Alphabet Eyes First Australian Dollar Bond as AI Spending Drives Funding Push 
Anthropic Revenue Run Rate Hits $65 Billion as IPO Plans Accelerate 
Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push 
SEC Sues Former Tricolor Executives Over $1.9 Billion Investor Fraud Scheme 
Shein Targets $26B-$27B Valuation for Hong Kong IPO 
CK Hutchison Seeks $1.5 Billion From Panama Over Canal Ports 
Baidu Shares Sink to One-Year Low as Ad Weakness Overshadows AI Growth 
Add as a preferred source on Google
Toshiba agreed to sell a 13.9 percent stake, or 15.5 million common shares, in wind turbine maker Unison to a private equity fund managed by Samchully Asset Management for 19.8 billion won.
Toshiba acquired the shares for 81.6 billion won in 2012.
The stock price of Unison in Kosdaq dropped over eight years.
While the Unison purchasing price averaged 5,265 won per share, the price gradually fell due to indebtedness and business losses.
In March, the share price dropped to a low of 570 won due to the pandemic.
Samchully’s bought the Unison shares for 1,277 won.
On top of the common shares, Samchully is expected to purchase 25 billion won worth of convertible bonds and has drawn institutional investors, such as the National Pension Service.
Eugene Investment & Securities analyst Han Byung-hwa noted that the change to Korean ownership would help Unison attract more business from Korea’s “Green New Deal” initiative.
