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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| STMicroelectronics NV | NYSE:STM | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.69 | 1.78% | 39.43 | 7,344 | 12:57:59 |
From May 2019 to May 2024
By Cristina Roca
STMicroelectronics NV said Thursday that it has agreed to buy a majority stake in France's Exagan for an undisclosed amount.
The Geneva-based semiconductor company said the deal will be funded with available cash, and the agreement also provides for the acquisition of the remaining minority stake in Exagan 24 months after the closing of the initial deal.
Exagan is a company specialized in power devices which use gallium nitride, a semiconductor technology.
Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca
(END) Dow Jones Newswires
March 05, 2020 04:25 ET (09:25 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year STMicroelectronics NV Chart |
1 Month STMicroelectronics NV Chart |
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