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Europe Daily Bulletin No. 8850

17 December 2004
Contents Publication in full By article 31 / 41
ECONOMIC INTERPENETRATION / (eu) computer equipment

Dutch company PHILIPS will be selling off its computer screens business to TPV TECHNOLOGY (turnover of USD 2.1 bn in 2003), which will allow the firm based in Taiwan to double its turnover and become the number one in this sector world-wide. The transaction, estimated to have cost USD 350 million, will be paid in assets. PHILIPS will now become the main shareholder in TPV with a 30% stake.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION