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Aggregated China Business Blogs
Tsinghua Unigroup's $1.7B Deal To Acquire SPIL Terminated
Aggregated Source: China Money Network
chipsChina’s state-owned Tsinghua Unigroup Ltd.'s plan to buy a 24.9% stake in Silicon Precision Industries (SPIL) for RMB11.1 billion (US$1.7 billion), sayshas been terminated by the Taiwanese chip maker, according to an announcement. It did not say the reasons for the cancellation of the transaction, except quoting consideration of subjective and objective factors of the […]

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