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UMC to acquire UMCJ through tender offer

Claire Sung, Taipei; Jessie Shen, DIGITIMES Asia Thursday 29 October 2009 0

United Microelectronics Corporation (UMC) will invest up to 6.9 billion yen (US$76.28 million) to acquire the outstanding shares of UMC Japan (UMCJ), company CEO Shih-Wei Sun announced at an investors conference October 28. UMC currently holds a 50.09%...

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