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Siliconware Precision: Higher Bid Ends The Drama
2016-03-14 08:17:03| Semiconductors - Topix.net
Siliconware Precision is currently embroiled in a de-facto hostile takeover by which ASE has commenced a third-party tender offer to purchase up to 770,000,000 ADS shares of SPIL at a price of NT$275 per ADS . ASE currently owns ~25% of SPIL and has explicitly stated that their end game is to acquire SPIL - this tender is a means to that end .
Tags: higher
bid
ends
drama
Category:Electronics and Electrical
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