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RDI: Grandson Company to Acquire 10% Stake in Innovative Electronics for $2 Million
2025-01-14
On January 14, RDI announced that its wholly-owned subsidiary, RDI USA, intends to acquire a 10% stake in Innovative Electronics for $2 million. Additionally, RDI USA will invest $1.47 million to establish a joint venture with Innovative Electronics. The joint venture will have a registered capital of $3 million, with Innovative Electronics holding a 51% share and RDI USA holding a 49% share.
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