DivestmentJul 1, 2026, 08:11 AM
Himax Estimates $23-24M Pre-Tax Gain from Investee Sale
AI Summary
Himax Technologies, Inc. announced that one of its equity-method investees will be acquired by an independent third-party semiconductor technology company for $80 million in cash. Himax, holding approximately 31% of the investee, estimates a pre-tax gain on disposal of $23 million to $24 million from the transaction. The deal is subject to customary closing conditions and regulatory approvals, with an expected closing in the fourth quarter of 2026.
Key Highlights
- Himax's equity-method investee to be acquired for $80 million in cash.
- Himax holds approximately 31% of the investee's fully diluted equity interests.
- Himax estimates a pre-tax gain on disposal of approximately $23 million to $24 million.
- Transaction is subject to customary closing conditions and regulatory approvals.
- Expected to close in the fourth quarter of 2026.
Price Impact
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