semiconductor / news / / Bnn Bloomberg
TSMC plans to sell up to 152 million shares in Vanguard International Semiconductor via a block trade.
TSMC plans to sell up to 152 million VIS shares via a block trade to institutions.
KEY POINTS
- TSMC's stake in Vanguard will drop from 27.1% to approximately 19% after the sale.
- TSMC no longer has representation on VIS’s board as of June 2024.
- The sale will not affect TSMC's outsourcing or licensing agreements with VIS.
COMPANIES
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