Wednesday, October 18, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
HP Launches the Powerful ZBook X2 Detachable PC
Motorola Unveils Smart Speaker with Amazon Alexa For Moto Z Phones
Apple and GE Partner to bring Industrial Apps to iPhone and iPad
ICDM to Establish New Display Evaluation Standards Based on Samsung and LG Proposals
Globalfoundries and Intel to Talk About 10, 7nm at IEDM
Intel and Mobileye Offer Present Algorithms to Prove the Safety of Autonomous Vehicles
Chinese BOE and CSOT to Invest in Japanese JOLED, Adding Pressure to South Korean Rivals
Samsung's 8nm LPP is Ready For Production
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Consumer Electronics > Philips...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, March 12, 2009
Philips Sells Its Remaining Stake in LG Display For EUR 630 Million


Royal Philips Electronics today announced it has sold its remaining stake in LG Display Co., Ltd. to investors in a capital markets transaction.

This transaction represents 13.2% of LG Display?s issued share capital, or 47.2 million of common stock, and reduces Philips? holding to zero.

The transaction will provide Philips with net proceeds of approximately EUR 630 million, and is expected to result in a non-taxable gain of approximately EUR 70 million in the first quarter of 2009, which will be recognized in financial income and expenses.


Previous
Next
Google Launches "interest-based" Advertising        All News        Seiko Epson and Sony Begin Discussions Regarding Alliance of Small LCD Businesses
New Onkyo 1st AV Receiver Supports Dolby ProLogic IIz     Consumer Electronics News      Panasonic's New Blu-ray Line Up Features VIERA Cast, BD Live and First VHS-Blu-ray Player

Get RSS feed Easy Print E-Mail this Message

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .