EQT Electronics Manufacturer Pioneer will sell for $ 1.1 billion

The Swedish investment company EQT has reached an agreement on the sale of Japanese electronics manufacturer Pioneer Corp to the Taiwanese Innolux Corp subsidiary to $ 1.1 billion. According to the EQT statement, the buyer will be Carux, a specialist for the production of TFT-LCD (active matrix liquid crystalline displays) for the motor sector. EQT has a pioneer ...