Samsung affiliates’ shares rise after Lee’s death sparks hopes of shake-up

SEOUL: Shares in Samsung Electronics Co Ltd and affiliates rose on Monday after the death a day earlier of Chairman Lee Kun-hee sparked hopes for restructuring and stake sales, analysts said.

Investors were betting that such measures would be needed to pay a hefty inheritance tax, estimated around 10 trillion won ($8.9 billion) for stockholdings alone, although analysts were divided on which moves were most likely.