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ASX - ASE Technology Holding Co News Story

$4.25 0.0  0.2%

Last Trade - 17/09/20

Sector
Technology
Size
Large Cap
Market Cap £7.08bn
Enterprise Value £11.42bn
Revenue £11.61bn
Position in Universe 811th / 6371

BUZZ-Taiwan's Siliconware Precision limit up 10 pct, ASE offers to buy

Tue 15th December, 2015 1:00am
** Chip packager and tester Siliconware Precision Industries 
Co Ltd (SPIL)  2325.TW  jumps by daily limit 10 pct to T$50.1  
    ** Advanced Semiconductor Engineering Inc (ASE)  2311.TW  
says will offer to buy Siliconware in an all-cash deal  
    ** Says will buy Siliconware shares at same price of T$55 
offered by China's state-backed technology conglomerate Tsinghua 
Unigroup  urn:newsml:reuters.com:*:nL3N1433LK urn:newsml:reuters.com:*:nL3N1403BT 
    ** ASE shares up over 5 pct in early trade 
    ** ASE says Siliconware must terminate deal with Unigroup. 
ASE bought SPIL shares in open market amounting to a quarter 
stake in SPIL  
    ** SPIL considers the move hostile, and tried unsuccessfully 
to bring in alternative investors, such as Hon Hai Precision 
Industry Co Ltd  2317.TW  
 
 
 (jr.wu.thomsonreuters.com@reuters.net)
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