clsa-capital-in-maiden-taiwan-investment

CLSA Capital in maiden Taiwan investment

The private equity fund strikes its first deal in Taiwan, investing $20 million to acquire 7% of publicly listed Unitech Printed Circuit Board.
Taiwan continues to attract private equity interest as CLSA Capital makes its maiden investment on the island with a stake in Unitech Printed Circuit Board.

CLSA Capital fund, ARIA Investment Partners III, has invested $20 million in Unitech, with the investment announced on August 2. CLSA Capital now owns around 7% of Unitech.

With its investment CLSA Capital gets one board seat out of a total of seven. The fund's investment is subject to local private placement guidelines and has a lock-up restriction of three years, during which the private equity firm cannot sell its shares.

Unitech is a Taiwan-based printed circuit board manufacturer and one of the countryÆs three largest mobile handset PCB...
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