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China Greatwall Computer Shenzhen Co Ltd's sub-subsidiary to fully acquire joint venture from Koninklijke Philips NV


Monday, 20 Jan 2014 07:00pm EST 

Koninklijke Philips NV:China Greatwall Computer Shenzhen Co Ltd's sub-subsidiary, Cooperatie MMD Meridian U.A. (MMD), will acquire a 30 pct stake in TP Vision Holding B.V., which is a joint venture established by MMD and Koninklijke Philips.The transaction price at no more than $112.5 million.MMD will wholly own TP Vision Holding B.V. after the transaction. 

Company Quote

32.66
-1.93 -5.58%
22 Apr 2014