Deal Snapshot
Diodes Closes USD 446m Acquisition of Taiwan´s Lite-On Semiconductor
Monday 30 November 2020

US-based semi-conductor products manufacturer Diodes Inc. (NASDAQ: DIOD) has completed its acquisition of Taiwan-based Lite-On Semiconductor (TWSE: 5305), the company said.

The acquisition was initially announced August 8, 2019, with LSC shareholders approving the transaction on October 25, 2019. Following receipt of all necessary regulatory approvals and finalizing all other conditions, the transaction closed and became effective November 30 with each LSC shareholder receiving TWD 42.50, or total cash paid of approximately USD 446m.

Date Published: 30/11/2020