China’s leading internet technology LeTV buys 20% of TCL Multimedia at USD 293million
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Letv, the China-based internet technology conglomerate, made a significant business announcement over the weekend regarding the successful conclusion of an agreement to buy 20% stake in TCL, a state-controlled China-listed firm selling electronic products. An announcement to this effect was released at the Shenzhen Stock Exchange on Saturday last, declaring the signing of a Share …