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Lite-On Technology Corp Receives Approval to Fully Acquire Subsidiary


Monday, 22 Jul 2013 06:20am EDT 

Lite-On Technology Corp announced that it has received the approval from the Taiwan Stock Exchange on July 22, 2013, to acquire 36,406,726 shares (a 3.95% stake) of Lite-On IT Corporation, at the price of NTD 32.75 per share, during the period from July 23, 2013 to September 10, 2013. After the transaction, the Company will hold all 921,235,180 shares of Lite-On IT Corporation. 

Company Quote

46.0
-1.2 -2.54%
22 Sep 2014