Taiwanese semiconductor companies have become the latest targets in a global rush for technology assets, with two semiconductor giants receiving separate buyout offers from business rivals.
On Monday, semiconductor packaging and testing company Advanced Semiconductor Engineering ASE tabled a proposal to acquire all the shares it does not already own in rival Silicon Precision Industries SPIL for NT$55 $1.68 per share. The company is making a concurrent offer to buyout all of SPIL’s American Depositary Receipts at NT$275 each.
The acquisition price values SPIL at approximately $4 billion. ASE will be required to pay approximately $3.2 billion for the 75% stake it does not...
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