Taiwan chip makers targeted in M&A land grab

Two Taiwanese semiconductor companies have received acquisition approaches totaling $8 billion, highlighting the scramble for assets as the industry consolidates.

Taiwan chip makers targeted in M&A land grab

Taiwanese semiconductor companies have become the latest targets in a global rush for technology assets, with two semiconductor giants receiving separate buyout offers from business rivals.

On Monday, semiconductor packaging and testing company Advanced Semiconductor Engineering ASE tabled a proposal to acquire all the shares it does not already own in rival Silicon Precision Industries SPIL for NT$55 $1.68 per share. The company is making a concurrent offer to buyout all of SPIL’s...

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