Aggregated China Business Blogs



Rumor: SMIC To Sell 20% Stake To Private Equity Fund

Aggregated Source: ChinaTechNews.com
May 21, 2008|

According to Hong Kong media, an undisclosed American private equity fund will invest US$600 million to acquire over 20% of the stake of Semiconductor Manufacturing International Corporation (SMI) and the two sides will sign a formal agreement in late June. In late March, SMIC issued an announcement in which it said that it was negotiating with [...]

Original URL: Click here to visit original article
Copyright ChinaTechNews.com
Print This Post Print This Post | Email This Page Email This Page
No Ratings Yet
Loading ... Loading ...

Related Info:
  • US private equity groups in China talks
  • SMIC revives plan to sell strategic stake
  • Private equity firms stake their claims
  • M Stanley halts CICC stake sale
  • Private equity circles Huawei's mobile unit

    • No Comments Yet »

    Your comment

    The following HTML tags are permitted:
    <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

    RSS RSS Feed for Comments on this Post |