Wistron launches up to $1.48 billion GDS offering
Wistron Corp (TWSE:3231) launched an offering of 25 million global depositary shares worth up to $1.48 billion, per a term sheet seen by Reuters, to fund purchases of raw materials in foreign currencies.
Taiwan’s Wistron Corp TWSE:3231 has launched an offering of 25 million global depositary shares, or GDSs, valued at up to $1.48 billion. A term sheet seen by Reuters on Monday said the proceeds are to fund purchases of raw materials in foreign currencies.