Brief: Tcl Electronics Says Semp Amazonas S.A. To Sell 40% Stake Of Semp Tcl To Tcl Netherlands B.V.

TCL Electronics Holdings

03/06/2020 14:29

June 3 (Reuters) - TCL Electronics Holdings Ltd  1070.HK :
    * SEMP AMAZONAS S.A. TO SELL 40% STAKE OF SEMP TCL TO TCL
NETHERLANDS B.V.
    * UNDER SHARE PURCHASE AGREEMENT DEAL FOR ABOUT HK$484.9
MILLION
    * ON CLOSING, SEMP TCL WILL BE OWNED 80% AND 20% BY GROUP
AND STA
RESPECTIVELY
    * SEMP TCL AGREED TO BUY FROM STA, MANAUS PROPERTY &
EQUIPMENT FOR
 HK$82 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS6HMmhZ
Further company coverage:  1070.HK 

 ((Reuters.Briefs@thomsonreuters.com;))