SAN FRANCISCO,Louis Vuitton wallet M95188, May 19 evening news,Gucci bag Classic 161718, Japan's largest nuclear reactor maker Toshiba Corp. announced Thursday it has agreed to buy 2.3 billion Swiss manufacturer of electronic instruments Landis + Gyr,Gucci bag Classic 159301, the development of its smart grid business .
Toshiba will bear the debt by way of cash acquired all the shares of the company Landis + Gyr .
two companies today announced that it expects the transaction will be completed during July to September this year ,Louis Vuitton wallet M93564-v, but still need to obtain regulatory approval .
Toshiba spokesman in Tokyo,Louis Vuitton wallet N62658, Yamazaki,Gucci bag Classic 203503-9643, Yu- Chi (Hiroki Yamazaki) refused to disclose details of the assumption of debt .
Toshiba is the largest amount in five years an acquisition ,Louis Vuitton handbag M93062, Toshiba will be Landis + Gyr to 30 markets worldwide customers . According to Toshiba ,Chanel Purse 37245, the next 10 years the size of the global smart grid market may surge five times to 58 trillion yen
Commentaires