Friday, February 23, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Introducing the CORSAIR Obsidian Series 500D
EASA Publishes Guidelines for Safe Drone Operations
Apple to Upgrade the AirPods Headphones
SK Telecom to Unveil 'HoloBox' Hologram AI Technology at Mobile World Congress 2018
Worldwide Sales of Smartphones Declined in 4Q, Samsung Retains First Spot
Intel Brings 5G Connectivity to PCs
Samsung and Qualcomm Expand Foundry Cooperation on EUV Process Technology
LG To Unveil Updated K8 AND K10 Smartphones at MWC
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 1998-2018 - All rights reserved -
Privacy policy - Contact Us .