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Foxconn to acquire TeleEye

Joseph Chen, Taipei; Joseph Tsai, DIGITIMES 0

Foxconn Electronics (Hon Hai Precision Industry) is planning to invest HK$240 million (US$30.95 million) to acquire a 50.07% stake in Hong Kong-based TeleEye Holdings for HK$0.55 per share via a subsidiary. Foxconn said it will start the acquisition...

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