Pateo Connect Technology Buys 70% Stake in Integrated Circuit Design Company
MT Newswires Live
Oct 02
Pateo Connect Technology (HKG:2889) completed the acquisition of over 53.5 million, or 70%, shares in Chengdu Meenyi Electronic Technology on Friday, a same-day filing showed
The target is an integrated circuit design enterprise specializing in the development of high-performance communication chips.
The parties had entered into the purchase agreement in August.
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