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Provider: Wright Reports

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China Electric Mfg Corp Announces Takeover Bid for Shares of GIO Optoelectronics Corp

Tuesday, 8 Oct 2013 04:12am EDT 

China Electric Mfg Corp announced that it will launch a takeover bid for shares of GIO Optoelectronics Corp. China Electric Mfg intends to acquire up to 160 million shares (59.91% stake) or at least 100 million shares at NTD 0.8 per share, from October 9, 2013 to November 18, 2013. The Company will pay up to NTD 128 million for the transaction. 

Company Quote

0.05 +0.46%
21 Nov 2014