SEOUL (dpa-AFX) - Samsung Electronics Co., Ltd. (005935.KS) is considering an acquisition of Modine Manufacturing Co., a U.S.-based maker of cooling systems for data centers, Bloomberg reported, citing people familiar with the matter.
The two companies are in discussions over a potential deal that could be reached within the next few weeks, according to the report.
On the KSE, Samsung Electronics shares were up 1.25% at KRW 170,300
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