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Achieva divests its Components Business for US$51.5 million
(March 5 , 2008)
Singapore, 5 March 2008 - The Board of Directors of Achieva Ltd. (the
"Company" or "Achieva" and together with its subsidiaries, the "Group") wishes to
announce that it had entered into a conditional Sale and Purchase Agreement
(the "Sale Agreement") with Arrow Electronics, Inc. of the U.S.A. (the "Purchaser"
or "Arrow") whereby the Company agreed to sell to the Purchaser its entire
shareholding interests in its wholly-owned subsidiaries, Achieva Components Pte
Ltd and Achieva Electronics Pte Ltd.
The files are in Adobe PDF format. You can download the Adobe Reader here.
Please click here to view the Press Release.
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