◂ Announcements

Apr 30, 2024ACQUISITIONJapan

Lite-On Technology to acquire 19.99% stake in Cosel Co for NT$2.53 billion

Lite-On Technology announced a strategic investment to acquire a 19.99% stake in Japanese power supply manufacturer Cosel Co for NT$2.53 billion, allowing it to nominate one board member.

Value

$78.0M (2.53B TWD)

Status

Announced

Productspower supplies

CompaniesCosel target Lite-On Technology acquirer

Sectors#Electrical Equipment

“The company plans to acquire a 19.99% stake in Japanese power supply manufacturer Cosel Co for NT$2.53 billion, allowing it to nominate one board member.”taipeitimes.com

1 source
taipeitimes.comLite-On posts its worst net profit in four quarters - Taipei TimesApr 30, 2024

Summarized from public sources; check the original articles before acting on it.

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Lite-On Technology to acquire 19.99% stake in Cosel Co for NT$2.53 billion · Endata