Weltrend Semiconductor, Inc. (TWSE:2436) made an offer to acquire 51% of stake in Sentelic Corporation (TPEX:4945) for TWD 1.1 billion on July 27, 2022. Weltrend Semiconductor is paying TWD 72.9 per share. Under the tender offer, Weltrend plans to acquire a minimum of 13,522,000 shares (approximately 45% of SentelicÆs outstanding shares) to a maximum of 15,324,000 shares (approximately 51% of SentelicÆs outstanding shares).Board of Directors of Weltrend Semiconductor approved the deal.

The tender offer is open for 20 days from July 29, 2022 to August 17, 2022. As of August 10, all conditions were met.