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GlobalWafers makes last ditch bid to save $5.3 billion Siltronic deal

Taiwan's GlobalWafers made what it said was a final attempt to save a 4.35 billion euro ($5.3 billion) bid for Germany's Siltronic on Monday by lowering the minimum acceptance threshold and extending its offer deadline. ....

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GlobalWafers further raises bid for Siltronic by $183m to win over shareholders

GlobalWafers further raises bid for Siltronic by $183m to win over shareholders
Photo: Lena Balk / Unsplash
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Taiwan’s Globalwafers further raised its offer for Germany’s Siltronic by 150 million euros ($183 million) on Saturday as it tries to win over the target’s shareholders to its bid to create a leading player in the global silicon wafer industry.
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Wacker Chemie , Doris Hsu , Wafers Chief Executive Doris Hsu , வாக்கேர் செமி , டோரிஸ் ஶூ , செதில்கள் தலைமை நிர்வாகி டோரிஸ் ஶூ ,

GlobalWafers makes last ditch bid to save US$5.3 billion Siltronic deal

GlobalWafers makes last ditch bid to save US$5.3 billion Siltronic deal
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25 Jan 2021 05:40PM
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BERLIN: Taiwan s GlobalWafers made what it said was a final attempt to save a 4.35 billion euro (US$5.3 billion) bid for Germany s Siltronic on Monday by lowering the minimum acceptance threshold and extending its offer deadline.
The proposed deal would combine GlobalWafers, the number three player in the 300 millimetre wafers market and Siltronic, the fourth biggest, to create the world s second-largest player behind Japan s Shin-Etsu.
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GlobalWafers, which makes silicon wafers used in computers, smart phones, and other appliances, raised its bid for its German rival in two days last week to 145 euros from an original offer of 125 euros as it seeks to win over shareholders. ....

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