Brief: Faraday Technology Says Unit Would Acquire Solid Silicon Technology For $20 Million
15/01/2024 07:37
Jan 15 (Reuters) - Faraday Technology Corp 3035.TW :
* SAYS TO RAISE INVESTMENT IN UNIT BY T$700 MILLION ($22.6
MLN)
VIA RIGHTS ISSUE
* SAYS WITH INCREASED INVESTMENT UNIT WOULD ACQUIRE SOLID
SILICON
TECHNOLOGY LLC FOR $20 MILLION
* SAYS THE PLANNED ACQUISITION WOULD EXPAND CORE COMPETENCE,
EXPOSURE IN THE INDUSTRY
Source text for Eikon: ID:nMOP4QbsHk ID:nMOP9qd6DT
Further company coverage: 3035.TW
(Reporting by Faith Hung)
((faith.hung@thomsonreuters.com;))
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Brief: Faraday Technology Says Unit Would Acquire Solid Silicon Technology For $20 Million