# Wingtech Technology to acquire additional 23.77% stake in Nexperia for CNY 6.3 billion

Wingtech Technology Co., Ltd. agreed to acquire an additional 23.77% stake in Nexperia B.V. from Hefei Yuxin and others for approximately CNY 6.3 billion on June 1, 2020. After completion, Wingtech will hold 98.2% of Nexperia.

- Type: Acquisition
- Announced: 2020-06-01
- Where: China
- Value: $890.0M (6.30B CNY)
- Status: announced
- Products: semiconductor assembly and test, communication modules
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Nexperia](https://endata.com/companies/19628.md) (target)
- [Wingtech Technology](https://endata.com/companies/35119.md) (acquirer)
- [Hefei Yuxin](https://endata.com/companies/48153.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/WINGTECH-TECHNOLOGY-CO-LT-9950161/news/Wingtech-Technology-Co-Ltd-agreed-to-acquire-an-additional-23-77-stake-in-Nexperia-B-V-from-Hefei-33812925/), 2020-06-27: "Wingtech Technology Co.,Ltd agreed to acquire an additional 23.77% stake in Nexperia B.V. from Hefei Yuxin and others for approximately CNY 6.3 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.