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ASMPT announced an agreement to form a strategic joint venture involving its Materials segment with Wise Road Capital and Asia-IO Capital Management. ASMPT will hold a 44.44% minority stake, while the partners will hold 55.56%.
“ASMPT has announced that it reached an agreement to form a Strategic Joint Venture involving its Materials segment with key partners.”asmpt.com
Summarized from public sources; check the original articles before acting on it.