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Provider: KGI Greater China

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Advantech Co Ltd to Fully Acquire LNC Technology Co., Ltd.

Friday, 30 Aug 2013 03:43am EDT 

Advantech Co Ltd announced that it has decided to fully acquire LNC Technology Co., Ltd., for 38,497,546 new shares, at the price of NTD 14.72 per share, for NTD 566,665,153 in total. Prior to that, the Company holds a 77% stake in LNC Technology Co., Ltd. 

Company Quote

9.5 +3.51%
29 Aug 2014