TPO: Toppoly and Philips

The merger of Taiwan's Toppoly Optoelectronics Corp. into Royal Philips Electronics has been completed on June 6 and is called TPO. The principal shareholders are Taiwan-based Compal Electronics (25.1%), Philips (17.5%) and UniPresident Enterprises Corp. (3.5%). The result of its merger completion will be a Euro 28 million pre-tax profit from operations in the second quarter of 2006.

Source: Forbes, The Engineer, Philips

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