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BRIEF-TCL to acquire 10 pct stake in CSOT for 4.03 bln yuan
September 26, 2017 / 8:57 AM / 3 months ago

BRIEF-TCL to acquire 10 pct stake in CSOT for 4.03 bln yuan

Sept 26(Reuters) - TCL Corp

* Says it plans to acquire 10 percent stake in Shenzhen China Star Optoelectronics Technology Co., Ltd (CSOT), for 4.03 billion yuan, through share issue

* Says it will directly hold a 85.7 percent stake in CSOT after the acquisition

Source text in Chinese:goo.gl/Rqm5vA

Further company coverage: (Beijing Headline News)

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