Business news for Tue, 18 Dec 2007 & with words alliance+shares. 2 news.

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08:09 LG.Philips to buy Hannstar shares for NT$3.17 billion

China Post Online - Taiwan Business,World Business - chinapost.com.tw

LG.Philips LCD Co., the world's second-largest maker of liquid-crystal displays, agreed to buy Hannstar Display Corp. shares for NT$3.17 billion as part of an alliance.

05:07 LG.Philips to Buy Hannstar Shares

WSJ.com: Deals & Deal Makers

LG.Philips is buying 3.42% of Taiwan's Hannstar to forge an alliance and secure a stable procurement of flat panels.