HonYuan International Investments Co., Ltd. boosts stake in PowerX Semiconductor Corporation
Dec 13, 2024•about 1 year ago
Acquiring Company
HonYuan International Investments Ltd
Acquired Company
PowerX Semiconductor Corporation
TaiwanTaiwanDescription
HonYuan International Investments Co., Ltd., a subsidiary of Hon Hai Precision Industry Co., Ltd., has acquired additional shares in PowerX Semiconductor Corporation. This strategic acquisition is part of a long-term investment strategy, and the transaction involved the purchase of up to 118,681,200 common shares at a unit price of NT$5, totaling an investment not exceeding NT$593.406 million.
M&A Insights
Based on deal dataIntegration timeline
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Tech stack consolidation
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Post-acquisition investment
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