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


FILE PHOTO: A scientist presents a silicon wafer during a media presentation in one of the low particle pollution nanofabrication clean rooms of the Swiss Federal Institute of Technology (EPFL) in Ecublens, near Lausanne May 16, 2011. REUTERS/Valentin Flauraud/File Photo

BERLIN (Reuters) - 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.

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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Amazon Prime Video to exclusively stream two NHL seasons in Canada
T-Mobile to invest $950 million in venture with EQT to buy fiber optic network provider Lumos
Hertz Global eyes worst day on record as EV rental business falters
EU court adviser backs data privacy activist Schrems in Meta fight
Spotify says Apple has rejected its app update with price information for EU users
Amazon to invest $11 billion in Indiana to build data centers
IBM falls as enterprise-spending constraints choke consulting demand
Net neutrality rules to be restored in US agency vote
India's Tech Mahindra misses Q4 revenue view on weak communications segment
Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?

Others Also Read