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ASE fails to gain antitrust approval for SPIL bid

2016-03-17 23:46:26| Semiconductors - Topix.net

Advanced Semiconductor Engineering will be unable to win antitrust approval in Taiwan by March 17 - the deadline of its tender offer for another 24.71% stake in Siliconware Precision Industries . The back-end semiconductor service provider, which already owns 25% of SPIL through a previous tender offer, in December 2015 launched another tender offer aiming to increase its stake in the competitor to almost 50%.

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