Vanguard International Semiconductor CorpTPEX: 5347

TSMC Divests 152 Million Shares Of Vanguard International For T$24.4 Billion

· Issued by Vanguard International Semiconductor Corp

TSMC TWSE:2330:

  • DIVESTS 152 MILLION SHARES OF VANGUARD INTERNATIONAL TPEX:5347 FOR T$24.4 BILLION ($772.15 MLN), OR T$160.6 PER SHARE

  • BOOKS PROFIT OF T$63.2 BILLION FROM THE SHARE SALE

  • STILL HOLDS 354.7 MILLION SHARES OF VANGUAR INTERNATIONAL, OR 19% OF STAKE

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