NXP Semiconductors N.V. (NASDAQ:NXPI) today announced that the company has sold its shares in Advanced Semiconductor Manufacturing Corporation Ltd. (ASMC). The company sold 421.45 million shares, representing a 27.47 percent ownership in ASMC, for a total consideration of $53.7 million USD, or 0.99 HKD per share. The sale was made to Shanghai Pudong Science and … Continued
NXP Semiconductors N.V. (NASDAQ:NXPI) today announced that the company has sold its shares in Advanced Semiconductor Manufacturing Corporation Ltd. (ASMC).
The company sold 421.45 million shares, representing a 27.47 percent ownership in ASMC, for a total consideration of $53.7 million USD, or 0.99 HKD per share. The sale was made to Shanghai Pudong Science and Technology Investment Co., Ltd, (PDSTI). ASMC is traded on the Hong Kong Stock Exchange (stock code: 3355).
This announcement is for informational purposes only.
https://www.automotiveworld.com/news-releases/nxp-semiconductors-divests-stake-advanced-semiconductor-manufacturing-corporation-ltd/
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