[Asia Economy Reporter Kwon Jae-hee] Samsung Card announced on the 15th regarding the reports by some media outlets about "Samsung divesting its stake in Renault Samsung Motors after 26 years" that "the company is pursuing the sale of its 19.9% stake in Renault Korea Motors (formerly Renault Samsung Motors), but no specific decisions have been made regarding the method, target, or procedures of the sale."
The company added, "We will re-disclose when specific details are decided or within six months."
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