Asustek trims Pegatron stake with $157 million block trade

The sale is done at a 3% discount and comes after the Taiwan-listed supplier of iPad minis has gained 24% this year.
April 29, 2013

Asustek Computer, the largest shareholder in Taiwan’s Pegatron Corp, on Friday sold close to 20% of its stake in the company, raising NT$4.66 billion ($157 million) in the process.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media