Powertech says will buy 39.6 pct stake in Tera Probe from Micron

POWERTECH TECHNOLOGY

14/04/2017 08:02

TAIPEI, April 14 (Reuters) - Taiwan's Powertech Technology 
 6239.TW  said on Friday it will buy a 39.6 percent stake in 
Japan-based Tera Probe  6627.T  from Micron Technology  MU.O  
and the entire stake of Micron-owned packaging and testing firm, 
Micron Akita Inc.  
    Powertech will buy the Tera Probe stake for 1,100 yen per 
share from the market, it said. 
    Tera Probe is a wafer testing company. 
     
 
 (Reporting by Faith Hung; Editing by Edwina Gibbs) 
 ((faith.hung@thomsonreuters.com; 8862 2500 4893; Reuters 
Messaging: faith.hung.thomsonreuters.com@thomsonreuters.net)) 
 
Keywords: TERA PROBE M&A/POWERTECH TECH