Taiwan Semiconductor Manufacturing subsidiary to invest in Tela Innovations

Reuters

Taiwan Semiconductor Manufacturing Co Ltd:Subsidiary TSMC Partners, Ltd. to acquire 10,420,868 shares of Tela Innovations, Inc. at $6.24 per share with amount of $65 million.TSMC Partners, Ltd. to hold ,420,868 shares (25 pct stake) of Tela Innovations, Inc. after investment.

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