Ferrotec's acquisition of equity in Furuwa Semiconductor will be discussed at the meeting on May 29
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According to the Zhitong Finance APP, Ferrotec announced that the company plans to issue shares and convertible bonds to acquire 100.00% equity of Jiangsu Fulehua Semiconductor Technology Co., Ltd. and raise supporting funds for related transactions. The Mergers and Acquisitions Review Committee of the Shenzhen Stock Exchange is scheduled to hold its 5th review meeting for 2025 on May 29, 2025, to review the company's restructuring application
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