Huawei Technologies: Proposed acquisition of 67% stake in Layn Optoelectronics
Announcement by Huawei Technologies: Plans to acquire 67% of Laine Optical's equity. If this transaction is successfully completed, Laine Optical will become a subsidiary of the company and will be included in the company's consolidated financial statements. This transaction is still in the planning stage, and there are uncertainties in the acquisition.
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