DivestmentJul 1, 2026, 08:26 AM
Himax to Divest Equity Investee for Estimated $23-24M Gain
AI Summary
Himax Technologies, Inc. announced the proposed disposal of its approximately 31% equity interest in a technology startup, an equity-method investee. The investee will be acquired by an independent third-party for US$80 million in cash. Himax estimates a pre-tax gain on disposal of US$23 to US$24 million from this transaction, which is expected to close in the fourth quarter of 2026.
Key Highlights
- Himax to dispose of its approximately 31% equity interest in a technology startup.
- The investee's total acquisition price by a third-party is US$80 million in cash.
- Himax estimates a pre-tax gain on disposal of approximately US$23 to US$24 million.
- The transaction is subject to customary closing conditions and regulatory approvals.
- Closing is expected in the fourth quarter of 2026.
Price Impact
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