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4 months ago
BRIEF-Powertech Technology unit to fully buy Micron Akita for up to $50 mln
April 14, 2017 / 10:19 AM / 4 months ago

BRIEF-Powertech Technology unit to fully buy Micron Akita for up to $50 mln

April 14 (Reuters) - Powertech Technology Inc :

* Says its Japan-based unit plans to fully acquire 100 percent stake in Micron Akita from Micron Memory Japan Inc, for up to $50 million

* If the amount of shares in Tera Probe Inc acquired by the unit couldn't meet the lower limit (3.7 million shares), the unit will give up the full acquisition plan for Micron Akita

Source text in Chinese: goo.gl/9hlarP

Further company coverage: (Beijing Headline News)

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