On the Record · Semiconductor Manufacturing International
Semiconductor Manufacturing International acquisitions, on the record
The businesses Semiconductor Manufacturing International bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
LFoundry S.r.lWord for word“On June 24, 2016, we, LFoundry Europe and Marsica entered into a sale and purchase agreement pursuant to which LFoundry Europe and Marsica agreed to sell and we agreed to purchase 70% of the corporate capital of LFoundry S.r.l. for an aggregate cash consideration of EUR49 million subject to adjustment.” 20-F for 2016 | acquisition | — | EUR49 million |
Ningbo Semiconductor International Corporation (NSI)Word for word“On October 14, 2016, Ningbo Semiconductor International Corporation (“NSI”) was jointly established by China IC Capital (the wholly-owned investment fund of SMIC), Ningbo Senson Electronics Technology Co., Ltd, and Beijing Integrated Circuit Design and Testing Fund with a registered capital of RMB355 million, equal to US$52.8 million.” 20-F for 2016 | acquisition | October 14, 2016 | registered capital of RMB355 million, equal to US$52.8 million |
Changjiang Xinke (Suzhou Changjiang Electric Xinke Investment Co., Ltd.)Word for word“On June 18, 2015, according to the co-investment agreement, we invested US$102 million as a capital contribution for 19.6% ownership interest in Suzhou Changjiang Electric Xinke Investment Co., Ltd.” 20-F for 2016 | agreed divestiture | June 18, 2015 | US$102 million |
Changjiang Xinke (19.6% interest; SilTech Shanghai put option to JCET)Word for word“We recently made a voluntary announcement of contemplating the exercise of SilTech Shanghai’s put option.” 20-F for 2017 | agreed divestiture | — | — |
Read from Semiconductor Manufacturing International’s annual reports (20-F for 2018, 20-F for 2017, 20-F for 2016) and the financial data it files with the SEC, as of 2019-04-30. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.