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Siltronic falls after Wacker Chemie cuts stake

BUZZ-Siltronic falls after Wacker Chemie cuts stake

** Shares in Siltronic WAFGn.DE fall more than 5% in early Frankfurt trade after Wacker Chemie WCHG.DE places a 7% stake at €89.35 per share, reducing its holding in the German semiconductor materials supplier

** Siltronic closed at €97.05 in the previous session

** Wacker Chemie remains Siltronic's largest shareholder with about 24%

** Wacker Chemie, which raised about €188 million to help strengthen its finances and invest in growth, falls 1.6%


(Reporting by Amir Orusov)

((Amir.orusov@thomsonreuters.com))

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