Asustek trims Pegatron stake with $157 million block trade

The sale is done at a 3% discount and comes after the Taiwan-listed supplier of iPad minis has gained 24% this year.

Asustek Computer, the largest shareholder in Taiwan’s Pegatron Corp, on Friday sold close to 20% of its stake in the company, raising NT$4.66 billion ($157 million) in the process.

¬ Haymarket Media Limited. All rights reserved.

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