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Alpha and Omega Semiconductor Limited (AOS) has entered into an equity transfer agreement to sell approximately 20.3% of its equity interest in its Chongqing joint venture (CQJV) to a strategic investor for $150 million. The sale is expected to close by the end of 2025.
“AOS announced today that it has entered into an equity transfer agreement with a strategic investor to sell approximately 20.3% of outstanding equity interest of AOS’s joint venture.”investor.aosmd.com
Summarized from public sources; check the original articles before acting on it.