Stats ChipPAC set for sale to Jiangsu Changjiang

Stats ChipPAC expected to announce a deal with Jiangsu Changjiang, valuing the Singapore group at an enterprise value of $1.8 billion.
Stats ChipPAC, Singapore
Stats ChipPAC, Singapore

Singapore's Stats ChipPAC is set to announce plans for a sale to Chinese firm Jiangsu Changjiang for an enterprise value of about $1.8 billion, according to a source familiar with the matter.

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