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Mergers & Acquisitions ·

AMD has completed the sale of ZT Group Int’l, Inc. to Sanmina Corporation for $2.4 billion in cash and 1,151,052…

AMDAdvanced Micro Devices Inc

AMD has completed the sale of ZT Group Int’l, Inc. to Sanmina Corporation for $2.4 billion in cash and 1,151,052 shares of Sanmina common stock, with an additional $450 million in potential contingent consideration. This transaction provides AMD with a substantial cash influx and concludes a major divestiture previously announced in May.

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