Affinity, TPG investee UTAC seeks to relist in Singapore
Affinity Equity Partners and TPG Capital investee United Test and Assembly Center (UTAC) is seeking to relist in Singapore in an IPO likely to raise up to $600 million, three years after its 2007 privatization, according to reports.
Singapore-headquartered UTAC provides chip testing and assembly services for semiconductor devices from memory and mixed-signal to logic circuits. Affinity and TPG originally acquired the asset from a...
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