Disposal of 100% Equity Stake in Advantech Europe B.V. via European Holding Subsidiary
Original: 代子公司Advantech Europe Holding B.V.公告處分Advantech Europe B.V.100%股權
Summary
Advantech (2395) is filing on behalf of its subsidiary Advantech Europe Holding B.V. to announce the disposal of the subsidiary's entire 100% equity stake in Advantech Europe B.V., the European operating entity. This constitutes a full divestiture of a European operating subsidiary and may signal a strategic restructuring of the group's European corporate structure. Full body available on MOPS.
Full Translation
On behalf of its subsidiary Advantech Europe Holding B.V., Advantech Co., Ltd. (TWSE: 2395) announces the disposal of 100% of the equity in Advantech Europe B.V. In practice, this means that Advantech Europe Holding B.V. — an intermediate holding company in the group's European corporate chain — is selling its entire ownership interest in Advantech Europe B.V., which is understood to be the principal European operating or distribution entity. The transaction represents a complete exit from that holding, eliminating Advantech Europe B.V. from the consolidated group structure. The filing was made by the parent company on behalf of the disposing subsidiary in accordance with TWSE material-information disclosure rules. [Body not available — subject line only. See MOPS for full announcement.]