LeTV Takes 20% Stake in TCL
by Tom Allen
China’s LeTV is to acquire a 20% stake in TCL: an acquisition valued at HKD2.2 billion ($291.6 million). Through the move, LeTV will become TCL’s second-largest stakeholder. The official owner of the shares will …
Tags:China| Large Display Monitor| Reorganisation & Restructuring| Smart TV| TCL| Vol 22 - Issue 50