AUO brings ADR

Taiwanese panel producer jumps into equity market ahead of Korean rival LG Philips LCD.
July 19, 2005

AU Optronics returned to the ADR market for the first time in a year after New York's close on Monday with a 30 million unit deal via Goldman Sachs. The group's latest transaction mirrors a similar 30 million unit deal in June 2004 when AUO raised $480 million also via Goldman.

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