Unimicron to acquire Subtron Technology in share swap

Unimicron Technology Corp plans to acquire the 67.82% of Subtron Technology Co it does not own via a share swap, issuing 45.45 million ordinary shares. The deal is expected to close by October 1, 2022, to integrate resources for expansions in EV, autonomous driving, and high-frequency communication markets.

“The firms hope to complete the deal by Oct. 1 after gaining approval from the authorities and shareholders.”taipeitimes.com

• 1 source
• taipeitimes.comUnimicron to take over Subtron in share swap - Taipei TimesFeb 22, 2022

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