The company said the Investor, its indirect subsidiary Teradyne International Holdings, B.V., acquired 65,326,087 shares of Technoprobe S.p.A., or 10% of its issued and outstanding shares, on May 27, 2024 (the Closing Date).

1. 01

   The company said the Investor, its indirect subsidiary Teradyne International Holdings, B.V., acquired 65,326,087 shares of Technoprobe S.p.A., or 10% of its issued and outstanding shares, on May 27, 2024 (the Closing Date).

2. 02

   The company said the shares acquired consisted of shares previously held by T-Plus (2% fully diluted) and shares newly issued by Technoprobe (8% fully diluted), and that the aggregate cash consideration paid by the Investor on the Closing Date was approximately $522 million.

3. 03

   The company said it completed the DIS Divestiture, the sale of its Device Interface Solutions business unit to Technoprobe, on the Closing Date for $85 million, net of cash and debt and subject to a customary working capital adjustment.

4. 04

   The company said it entered into the Investment Agreement with Technoprobe, T-Plus and the Investor on November 7, 2023, and also entered into a sale agreement with Technoprobe for the DIS Divestiture on the same day.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.