Unilumin Collaborates with Barco to Expand its Global LED Display Business
SHENZHEN, China and KORTRIJK, Belgium – Unilumin recently announced a strategic collaboration with Barco. Mingfeng Lin, stakeholder and actual controller of Unilumin, signed an agreement on Sept. 9, 2019 with the intent to transfer 45.89 million unrestricted shares held in the company (a stake of 5 percent, excluding the shares repurchased by Unilumin as of Sept. 9, 2019) to Barco, at a price of $1.287 per share.
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