[Edaily Reporter Hyera Lee ] U.I.DISPLAY CO.,LTD.(069330)announced on the 1st that it has decided to acquire a 51% stake in TSE CO.,Ltd to diversify its business.
The acquisition price is 2.002 billion won, which represents 9.63% of the company’s equity. The acquisition will be made in cash through participation in a third-party private placement, and the scheduled acquisition date is today. Following the acquisition, U.I.DISPLAY CO.,LTD. will hold 77,020 shares of TSE CO.,Ltd.
The acquisition price is 2.002 billion won, which represents 9.63% of the company’s equity. The acquisition will be made in cash through participation in a third-party private placement, and the scheduled acquisition date is today. Following the acquisition, U.I.DISPLAY CO.,LTD. will hold 77,020 shares of TSE CO.,Ltd.
