Title : TSMC Reduces its Share in Visera in Preparation to IPO
link : TSMC Reduces its Share in Visera in Preparation to IPO
TSMC Reduces its Share in Visera in Preparation to IPO
Yahoo: Bloomberg reports that TSMC has sold $326.8M worth of VisEra shares, cutting its stake in the company to 73.9%, according to a filing to the Taiwan stock exchange. The transaction was to facilitate a proposed listing of VisEra in Taiwan. The sale puts Visera valuation at over $1.25B.Thus Article TSMC Reduces its Share in Visera in Preparation to IPO
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