Technology, Consumer Discretionary, Financials Jan 05, 2022 06:49 PM (GMT+8) · EqualOcean
Recently, Huahan technology, a subsidiary of Hon Hai group, announced that Google International LLC purchased 4.88 million shares of the company through private placement, with a price of NT $226.92 per share. Based on this calculation, Google acquired 4.6% equity of the company at a price of $40 million, becoming its third largest legal shareholder. The transaction is tentatively scheduled to be completed before January 11. It is reported that Google and Huahan technology will further deepen cooperation in the fields of software and hardware integration platform and industrial meta universe.
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