HomeBusinessGlobalWafers changes course, leaves door open to new Siltronic offer

GlobalWafers changes course, leaves door open to new Siltronic offer

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)

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