2014-04-11
TCL Acquires Sanyo's TV Plant In Mexico For HKD120 Million
Chinese electronics company TCL announced plans to invest HKD120 million to acquire a color TV plant in Mexico from Sanyo. TCL said that the two parties signed an asset acquisition agreement on March 31, 2014. Under the agreement, TCL will pay a total amount of USD15.22 million to Sanyo, including USD13.27 million for the land, […]