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General

NXP divests stake in Advanced Semiconductor Manufacturing

Thursday 20 April 2017 | 11:26 CET | News
NXP Semiconductors sold its shares in Advanced Semiconductor Manufacturing (ASMC). The company sold 421.45 million shares, representing a 27.47 percent ownership in ASMC, for a total consideration of USD 53.7 million, or HKD 0.99 per share. The sale was made to Shanghai Pudong Science and Technology Investment (PDSTI). ASMC is traded on the Hong Kong Stock Exchange.

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Categories: General
Companies: NXP Semiconductors
Countries: World
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