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Suzhou Naxin Microelectronics Co., Ltd. announced a cash acquisition of 68.28% of the shares of Shanghai McGain Microelectronics Co., Ltd. for a total consideration of 682.8216 million yuan.
“Suzhou Naxin Microelectronics Co., Ltd. intends to acquire in cash 62.68% of the shares of Shanghai McGain Microelectronics Co., Ltd. directly held by Shanghai Silui Technology Co., Ltd.”yicaiglobal.com
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