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Deal off – Renesas' $249m takeover of Sequans collapses for tax reasons

Deal off – Renesas' $249m takeover of Sequans collapses for tax reasons
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Georges Karam , Renesas Electronics , Sequans Communications , Tokyo Regional Taxation Bureau , Adverse Japanese Tax , United Kingdom Based ,

Renesas Announces Termination of Memorandum of Understanding and Tender Offer for Proposed Acquisition of Sequans

Renesas Electronics Corporation today announced that it has terminated the previously announced Memorandum of Understanding between Renesas and Sequans Communications S.A. , pursuant to which. ....

Sequans Communications , National Tax Agency Of Japan , Renesas Electronics Corporation , American Depositary Shares , National Tax Agency , Special Measures Concerning Taxations , Japanese Tax , Adverse Japanese Tax , Electronics Corporation , Winning Combinations ,

Sequans Communications S A : Memorandum of Understanding by and between Renesas Electronics Corporation and Sequans Communications S.A., dated as of August 4, 2023

EXECUTION VERSION

MEMORANDUM OF UNDERSTANDING

BY AND BETWEEN

RENESAS ELECTRONICS CORPORATION

. ....

New York , United States , Luhans Ka Oblast , South Korea , United Kingdom , State Of Delaware , San Francisco , Hong Kong , Koto Ku , Cholla Namdo , North Korea , France General , Khersons Ka Oblast , Johnt Haggerty , Kim Rogers , Sequan Adss , Ajona Olsen , Shuhei Shinkai , Santa Monica , Orrick Rambaud Martel , Georges Karam , Jeana Lee , Brett Cooper , Richard Smith , Hidetoshi Shibata , Wesley Cummins ,