Kodak expects the transaction, which requires approval by the shareholders of Lucky Film Co. Ltd. and certain governmental agencies in China, to be closed by December 31, 2007. In conjunction with the sale of the Lucky shares, Kodak will record a non-cash asset impairment charge in the fourth quarter 2007 of approximately US-$ 42 million.
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Feature of the month
Leading brands at Photopia Hamburg
According to to the organizer, Hamburg Messe + Congress (HMC), major imaging brands will be represented at Photopia Hamburg, which will take place in the Hanseatic city from September 23 to 26 as a festival for the entire digital imaging industry. These include camera and lens manufacturers such as Canon, Sony, Nikon, Leica and Panasonic as well as Sigma and Tamron, but also the monitor manufacturers BenQ and Eizo, print service providers such as WhiteWall and the paper manufacturers Ilford and Hahnemühle. Several retailing companies and distributors, including Calumet, Foto Erhardt, IPS, HapaTeam and Probis will also exhibit.
