Tuesday, July 22, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
European Regulators May Need Extra Concessions From Google
Apple Granted Patent for Smartwatch
New Intel Solid-State Drive Pro 2500 Series Packs SK Hynix Flash And Brings Trusted Security Features
Alliance Storage Technologies Releases Enterprise Class Cloud-Integrated Storage Solution
NVIDIA Launches Shield Tablet For Gamers
AOC u3477Pqu 34-Inch WQHD Monitor Announced
ADATA Launches XPG V3 DDR3 Memory For Overclockers
Licensing Fees Drive ARM's Profit
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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 1998-2014 - All rights reserved -
Privacy policy - Contact Us .