CHINA: NAM TAI ELECTRONICS INVESTS IN CHINA'S TCL HOLDING COMPANY.(Brief Article)(Statistical Data Included)
From: IPR Strategic Business Information Database
|
Date: 2/5/2002
Electronics design and manufacturing service provider Nam Tai Electronics has entered an agreement with China's state-owned Huizhou Investments Holdings Company Limited ("Huizhou Investments") to acquire a 6% equity interest in the parent company of the TCL Group of Companies, TCL Holdings Corporation Ltd. for a consideration of approximately USD $12 million. Subject to the satisfaction of a number of conditions and government approval, the transaction is expected to close within ...
COPYRIGHT 2002 Info-Prod (Middle East) Ltd.
This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
For permission to reuse this article, contact Copyright Clearance Center.