NEW LAW MAY MAKE SAMSUNG SELL SHARES

About $13 billion worth shares of Samsung Electronics Co may hit South Korea’s stock market as lawmakers seek to restrict the control of chaebol families over businesses. Samsung Life Insurance Co is facing pressure to sell its stock in the electronics maker as President Moon Jae-in’s party pushes a bill banning insurers from having a stake in an affiliate of more than 3 per cent of its assets.