BERLIN : GlobalWafers retracted an earlier assertion by which the Taiwanese firm stated it will not make a new offer for Siltronic after a deliberate takeover fell by way of.
GlobalWafers would analyse the non-decision of the German authorities and think about its influence on the corporate’s future funding technique, stated a spokesperson, repeating an earlier assertion by CEO Doris Hsu.
GlobalWafers’ deliberate 4.35 billion euro ($4.9 billion) takeover of the German chip provider fell by way of late on Monday after Germany couldn’t full a evaluation of the deal forward of a end-January deadline.
($1 = 0.8882 euros)
(Reporting by Alexander Huebner; Writing by Miranda Murray; Editing by Maria Sheahan)