TCL Multimedia has reached a subscription agreement with Letv's subsidiary Letv Zhixin, under which Letv will invest HKD2.267 billion, which is about CNY1.875 billion, to subscribe to an approximate 20% stake in TCL Multimedia via Letv Zhixin's newly-established wholly-owned subsidiary in Hong Kong. With this deal, Letv will gain 348.85 million TCL Multimedia's new shares […]