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IDG Capital Joins Consortium To Buy Osram's Unit For $439M
Aggregated Source: China Money Network
led-lightingA Chinese investor consortium including lighting firm MLS Co., Ltd., IDG Capital Partners and Yiwu State-Owned Assets Operation Center has agreed to acquire the general lighting lamps business from Germany's Osram for over €400 million (US$439 million). As part of the deal, Osram will receive payments for license agreements of trademark rights, says an announcement […]

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