Brief: Pixelworks Announces Strategic Investment In Shanghai Subsidiary

Pixelworks

18/08/2022 12:28

Aug 18 (Reuters) - Pixelworks Inc  PXLW.O :
    * PIXELWORKS ANNOUNCES STRATEGIC INVESTMENT IN SHANGHAI
SUBSIDIARY
    * PIXELWORKS INC - PURCHASE PRICE VALUES PWSH AT RMB 3.2
BILLION
OR APPROXIMATELY $471.5 MILLION USD
    * PIXELWORKS INC - PIXELWORKS WILL CONTINUE TO HOLD AN
80.87%
EQUITY INTEREST IN ITS PWSH SUBSIDIARY
    * PIXELWORKS INC- PURCHASE PRICE VALUES PWSH AT RMB 3.2
BILLION OR
APPROXIMATELY $471.5 MILLION USD

Source text for Eikon:  ID:nPnc4LQpya 
Further company coverage:  PXLW.O 

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