BRIEF-AUO Announces Sale Of Plant In Taiwan To Micron Technology-February 2024-www.financetom.com

BRIEF-AUO Announces Sale Of Plant In Taiwan To Micron Technology

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BRIEF-AUO Announces Sale Of Plant In Taiwan To Micron Technology

Aug 27, 2024 6:54 AM

Aug 27 (Reuters) - Auo:

* ANNOUNCES SALE OF PLANT IN SOUTHERN TAIWAN TO MICRON

TECHNOLOGY

FOR T$7.4 BILLION ($232.7 MLN)

* SAYS THE ASSET DISPOSAL WOULD YIELD ESTIMATED DIVESTMENT

RETURN

OF T$4.174 BILLION

* SAYS ONE OF ITS UNITS HAS SOLD ANOTHER FACILITY TO MICRON

TECHNOLOGY FOR T$700 MILLION, YIELDING DIVESTMENT RETURN OF

T$544 MILLION

Source text for Eikon:

Further company coverage:

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