Foxconn Interconnect agrees to sell Origin Wireless stake to ADT for up to US$22 million

Reuters03-30

Foxconn Interconnect agrees to sell Origin Wireless stake to ADT for up to US$22 million

FIT Hon Teng agreed on March 30, 2026 to sell its entire stake in Origin Wireless to ADT.
Deal covers Series A and Series B-1 preferred shares for total consideration up to USD 22 million, including escrow.
Transaction is expected to generate other comprehensive income gain up to USD 9.7 million before tax and expenses.
Completion would end FIT Hon Teng’s shareholding in Origin Wireless.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Foxconn Interconnect Technology Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260330-12077759), on March 30, 2026, and is solely responsible for the information contained therein.

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