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New Deal


Announced

Nanjing Huadong Electronics Information & Technology to acquire the remaining 49% stake in TPV Technology from China Electronics, Innolux, China Electronic Industry Engineering, China Rida Investment and Development and Bonstar for CNY10.5bn.

Financials

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Transaction Value£1,159m
Consideration TypeCash
Capital Owned51%
Capital Bid For49%
EV/Sales-
EV/EBITDA5.32x
Share Price Premium-
One Off Charge-

Sources

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Pending

Friendly

Acquisition

Single Bidder

Electrical Components

Cross Border

electronics manufacturing

Hong Kong

Private

Majority

Synopsis

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Nanjing Huadong Electronics Information & Technology, a computer software company, agreed to acquire the remaining 49% stake in TPV Technology, a monitors manufacturer, from China Electronics, Innolux, China Electronic Industry Engineering, China Rida Investment and Development and Bonstar for CNY10.5bn.

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