Prime View raises $165 million from upsized GDR

The Taiwan company raises capital to pay for its acquisition of E Ink, which will create a single listed entity dedicated to ePaper.

Prime View International, the world's leading manufacturer of electronic paper ePaper display modules, has raised NT$5.32 billion $165 million from the sale of global depositary receipts. The money will help fund its $215 million acquisition of US-based E Ink Corporation, which was announced in June and is scheduled to be completed before the end of this year.

Taiwan-based PVI has had a partnership with E Ink, a leader within electrophoretic ink technology, since 2005 to provide displays...

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