FILING ANALYSIS · FRIDAY, OCTOBER 16
Hon Hai Precision Industry Co Ltd HHPD — RNS: Acquires Mitsubishi Electric Mobility Shares
positive
Hon Hai Precision Industry Co Ltd acquires 50% of Mitsubishi Electric Mobility Corporation for a total transaction amount not exceeding JPY 115,000,000,000, representing a significant strategic investment. The acquisition is funded by self-owned capital and is subject to regulatory approvals, with a transaction ratio to total assets of 0.74% and to owners' equity of 1.50%.
The filing
Hon Hai Precision Industry Co Ltd — Acquires Mitsubishi Electric Mobility Shares
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