(Bloomberg) — The government of Tianjin is in early talks to sell stakes in two of its listed technology firms to Chinese consumer electronics giant TCL Corp., according to people familiar with the matter.The discussions involved holdings in chip devices maker Tianjin Zhonghuan Semiconductor Co., and Tianjin Printronics Circuit Corp., a printed circuit boards producer, the people said. Tianjin’s government and TCL are still exploring options including direct stake sales or having the electronics company acquire control in the major shareholder of the two listed firms, said the people, who asked not to be identified as the discussions are private.TCL …read more
Source:: Yahoo Finance
