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Samsung also owns large share of Novaled
August 9, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
Cheil Industries, a leading electronic materials company in the display industry, and Novaled AG, a world class provider in OLED technologies and materials, announced that Cheil Industries acquires a majority stake in Novaled in a transaction valuing Novaled at €260 million. Cheil Industries signed a binding agreement to acquire a majority stake of approximately 50% in Novaled. Samsung Electronics will acquire approximately 40%, the remaining stake of approximately 10% in Novaled is currentl...
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