Tsinghua Unigroup withdraws offer to acquire Taiwan’s SPIL
Chinese state-backed Tsinghua Unigroup has withdrawn its NT$56.8 billion ($1.7 billion) offer to acquire a stake in Silicon Precision Industries (SPIL), a Taiwanese semiconductor testing and packaging company.
Late last year Unigroup proposed to buy a 25% stake each in Power Technology, SPIL and ChipMOS Technologies, Taiwan's leading chip assemblers, for a total of NT$88.1 billion. However, SPIL said in a statement...
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