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China firm in talks to buy STATS ChipPAC

Jessie Shen, DIGITIMES, Taipei 0

Jiangsu Changjiang Electronics Technology has made a non-binding proposal to STATS ChipPAC to acquire all the shares in STATS ChipPAC on a fully diluted basis for an aggregate purchase price of US$780 million, STATS ChipPAC announced on November 6.

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