Announced
Financials
Tags
Taiwan
precision glass maker
Glass
Majority
Private
Pending
Friendly
Single Bidder
Acquisition
Cross Border
Merger
Synopsis
Chenghe, a special purpose acquisition company, agreed to merge with Taiwan Color Optics, a precision glass-maker, in a $115 deal. “This transaction will give us the resources that will enable us to capture the positive trends in our industry. Given the growth of electric vehicles and increasing demand for autonomous driving and intelligent lighting systems, we intend to invest in more integrated function 3D sensing chip to make our technology smarter so as to increase the safety and energy saving features per vehicle as well as ramp up our production capabilities to meet the rising demand for optical technology across an extensive range of commercial and consumer products,” Y.P. Chang, TCO President.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.