Tatung prices exchangeable

The TFT-LCD sector continues to completely monopolise Asian ECM activity as Tatung Corp monetizes part of its stake in Chunghwa Picture Tubes.

Jackie Horne

March 03, 2003

Taiwanese computer and home appliances manufacturer Tatung Corp monetized a 3% stake in TFT-LCD manufacturer Chunghwa Picture Tubes (CPT) yesterday (Monday). With ING as lead manager, a $79.6 million deal was closed within three hours of launch after books passed eight times oversubscription.

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