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Foxconn Unit Consolidates Ownership of Smart Technologies ULC

MT Newswires·12/22/2025 05:37:20
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05:37 AM EST, 12/22/2025 (MT Newswires) -- Hon Hai Precision Industry (HHPD.L), d/b/a Foxconn, said Monday its subsidiary Smart Technologies Inc. acquired 807,795,277 shares in Smart Technologies ULC for a total debt-equity swap of CA$217.4 million. Following the transaction, the London-listed, Taiwanese semiconductor manufacturer's unit now owns a 100% stake, or 1,062,775,064 shares, in Smart Technologies ULC.