Brazil Blocks Prediction Market Platforms, Tightens Derivatives Trading Rules 
Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
U.S. Budget Airlines Seek $2.5 Billion Government Aid Amid Rising Jet Fuel Costs 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Toyota Global Vehicle Sales Decline in March Amid RAV4 Transition and Middle East Slowdown 
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector 
Google Secures Pentagon AI Deal for Classified Projects 
Sun Pharma to Acquire Organon in $11.75 Billion Deal to Boost Global Women’s Health Portfolio 
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal 
U.S. Demand for Alternative Satellite Providers Remains Strong Amid SpaceX Regulatory Push 
Brazil Pension Fund Crackdown After Banco Master Collapse Raises Investment Concerns 
Strait of Hormuz Shipping Crisis Deepens as Traffic Plunges Amid Iran-U.S. Tensions 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand 
- Board authorizes process following receipt of unsolicited preliminary indications of interest
- Company has retained Barclays to assist in the review process
ST. PETERS, Mo., Feb. 18, 2016 -- SunEdison Semiconductor Limited (NASDAQ:SEMI) ("SunEdison Semiconductor" or the “Company”) announced today that its Board of Directors has authorized a process to explore a range of strategic alternatives following receipt of unsolicited preliminary indications of interest in the Company.
The Company has retained Barclays to assist in its review of strategic alternatives, which could include, among other things, a merger or sale of the Company or continuing to pursue the Company’s existing operating and growth plan. During its strategic review process, the Company intends to continue to vigorously pursue its existing business plan.
“We have not received a definitive offer for the sale of the Company, but we have received unsolicited preliminary indications of interest and so our Board believes it is in the best interest of the Company and its shareholders to conduct a thorough evaluation of our strategic alternatives,” said Shaker Sadasivam, SunEdison Semiconductor's President and Chief Executive Officer. “As we conduct this evaluation we will continue to focus on executing to our business plan.”
There can be no assurance regarding the results of the Company’s review of strategic alternatives, or that any transaction will materialize from the unsolicited preliminary indications of interest. The Company will, where required by applicable law and rules, make appropriate further announcements.
About SunEdison Semiconductor
SunEdison Semiconductor is a global leader in the manufacture and sale of silicon wafers to the semiconductor industry. For over 55 years, SunEdison Semiconductor has been a pioneer in the design and development of silicon wafer technologies. With R&D and manufacturing facilities in the U.S., Europe, and Asia, SunEdison Semiconductor enables the next generation of high performance semiconductor devices. SunEdison Semiconductor’s common stock is listed on the NASDAQ OMX Global Select Market under the symbol "SEMI." For more information about SunEdison Semiconductor, please visit www.sunedisonsemi.com.
Investor & Media Contact Chris Chaney Director, Investor Relations & Corporate Communications SunEdison Semiconductor Limited [email protected] +1 636 474 5226
