XL Semiconductor Integration: Acquiring 72.33% Stake in XL Semiconductor Yuezhou for RMB 5.897 Billion
1 week ago / Read about 0 minute
Author:小编   

XL Semiconductor Integration has unveiled its strategy to acquire a 72.33% stake in XL Semiconductor Yuezhou from 15 different transaction counterparties, through a combination of share issuance and cash payments. The total transaction value amounts to RMB 5.897 billion. Upon successful completion of this transaction, XL Semiconductor Yuezhou will be fully integrated as a subsidiary of XL Semiconductor Integration. Notably, this transaction constitutes a related-party deal and does not entail any reorganization listing.