JCET Group Completes 80% Stake Acquisition of SanDisk Semiconductor

MT Newswires Live

2024/10/07

JCET Group (SHA:600584) on Sept. 28 completed the acquisition of an 80% stake in SanDisk Semiconductor for an adjusted price of $667.8 million.

SanDisk Semiconductor has become an indirect holding subsidiary of the integrated circuit manufacturer, according to an Oct. 1 filing with the Shanghai bourse.

Price (RMB): Â¥35.33, Change: Â¥+3.2, Percent Change: +9.99%

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