Samsung Electronics to buy 1.27 trillion won worth of shares in TCL China from Samsung Display

Samsung Electronics said in a filing on Fridaty that the company will buy 1.27 trillion won ($948.39 million) worth of shares in TCL China Star Optoelectronics Technology Co. Ltd from Samsung Display.

Reuters
Samsung Electronics said in a filing on Fridaty that the company will buy 1.27 trillion won ($948.39 million) worth of shares in TCL China Star Optoelectronics Technology Co. Ltd from Samsung Display.

After the purchase, Samsung Electronics will hold a 10.16% stake in TCL China, the filing says.
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