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Stock impact report

Diodes Incorporated Receives Approval from Taiwan Regulatory Authorities for Lite-On Semiconductor Acquisition

Diodes Incorporated (DIOD) 
Last diodes incorporated earnings: 2/11 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.diodes.com/investor-relations
Company Research Source: Business Wire
PLANO, Texas--(BUSINESS WIRE)--Diodes Incorporated (Nasdaq: DIOD) today announced the Company has received all required regulatory approvals from the Taiwan authorities for its proposed acquisition of Lite-On Semiconductor (TWSE: 5305) (“LSC”), which includes the Taiwan Fair Trade Commission (TFTC) approval and the Foreign Investment Approval (FIA) from the Investment Commission of the Ministry of Economic Affairs. In addition to the Taiwan regulatory approvals, Diodes continues to work closely with their advisors for the transaction, including Jones Day, to comply with all customary regulatory procedures in China. As stated previously, Diodes remains confident the transaction will close as planned once the final regulatory approvals have been secured.About Diodes IncorporatedDiodes Incorporated (Nasdaq: DIOD), a Standard and Poor’s SmallCap 600 and Russell 3000 Index company, delivers high-quality semiconductor products to the world’s leading companies in the consumer electronics Show less Read more
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