Alpha and Omega Semiconductor to sell stake in Chongqing JV for $150M

3 hours ago 1

Alpha and Omega Semiconductor (NASDAQ:AOSL) will sell 20.3% of its equity interest in its Chongqing joint venture (CQJV) to a strategic investor for $150 million.
The deal reduces AOSL’s stake in CQJV from 39.2% to ~18.9%.
Payment will be made

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