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Market Chatter: Samsung Denies Eyeing US Listing

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Samsung Electronics (KRX:005930) denied a report that claimed it was exploring a U.S. offering of American depositary receipts, Reuters reported Tuesday, citing a company statement.

Bloomberg News reported on Tuesday, citing people with knowledge of the matter, that the company had carried out initial discussions ​with banks for a US IPO.

Samsung told Reuters that it is "not reviewing ​the possibility" of issuing ADRs.

Samsung did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Sandfire Resources Possesses More Attractive Development Opportunities Besides Montana Project, Jefferies Says

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