secwatch.observer — SEC 8-K summary
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Issuer:     SANMINA CORP (SANM)
CIK:        0000897723
Form:       8-K
Filed at:   2022-03-03T23:59:59+00:00
Accession:  0001104659-22-029600
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sanmina and Reliance form India JV; Reliance invests up to Rs1,670cr for 50.1% stake
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- RSBVL (Reliance subsidiary) acquires 50.1% of SIPL via Rs1,670cr (~$200M) investment; Sanmina holds 49.9%.
- JV to manufacture telecom, data center, medical, clean tech, and defense equipment in India.
- SIPL FY2021 revenue Rs12.3B (~$165M); JV capitalized with over $200M cash to fund growth.
- Sanmina to manage day-to-day operations; JV expected to close no later than September 2022.
- Sanmina to refer OEM customers for 'Covered Products' to JV; RSVL exclusive for telecom network equipment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/897723/000110465922029600/0001104659-22-029600-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/897723/000110465922029600/tm227820d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-029600

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