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Feile sound announced the progress of the acquisition of OSRAM lighting business
Shanghai Feile Audio Co., Ltd. announced on September 10 that the second meeting of the tenth session of the Board of Directors was held on July 21, 2015 and reviewed and approved the company's non-binding letter to Osram for the acquisition of its lighting business. The management of the company leads the preparatory work in the early stage and the next transaction process. On July 22, 2015, the company officially submitted a non-binding letter to Osram of Germany to acquire its lighting business. Recently, the company officially hired Hongkong and Shanghai Banking Corporation Limited (hereinafter referred to as HSBC) as the exclusive international financial advisor for the company's acquisition of OSRAM Lighting Business. The company will carry out the next specific work together with the exclusive international financial consultant HSBC according to the progress of the project, and will disclose it according to the progress of the project in a timely manner.
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