China International Development explores $1.16B acquisition of Lonten Semiconductor

China International Development Corp, a leather goods maker, signed an agreement with Lonten Semiconductor's largest shareholder to explore acquiring the semiconductor company for up to HK$9 billion ($1.16 billion). The deal involves engaging with remaining shareholders.

“Leather goods maker China International Development Corp said on Friday it is exploring the acquisition of Lonten Semiconductor Co Ltd for up to HK$9 billion ($1.16 billion).”reuters.com

• 1 source
• reuters.comChinese leather goods maker explores semiconductor firm buyout for up to $1.2 billion | ReutersNov 21, 2025

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