Renesas to acquire Sequans through tender offer

Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, and Sequans Communications S.A. have announced that two companies have entered into a MoU (memorandum of understanding). Pursuant to the terms of the MoU, Renesas will, following consultation of the Sequans’ works council and favourable recommendation by Sequans Board, commence a tender offer to acquire all outstanding

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