AlQa'dah 21, 1434, Sep 27, 2013, SPA -- Taiwan-based HTC, one of the world's biggest vendors of smartphones, said Friday it would sell its remaining 24.84 per cent stake in US headphones maker Beats Electronics back to the firm for 265 million US dollars. dpa cited HTC as saying in a statement to the Taiwan Stock Exchange that Beats Electronics intends buying back the remaining stake held in it by HTC and the deal would be closed soon. In 2011, HTC bought a 51 per cent stake in the high-end headphones maker for 309 million dollars. In November, 2012, HTC sold half of that stake back to Beats for 150 million dollars. -- SPA 18:04 LOCAL TIME 15:04 GMT تغريد
