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ASE: Continuing Acquiring of SPIL
By Korbin Lan
Published: Aug 29,2015
TAIPEI, Taiwan － ASE released a important press release tonight and announced that the company will continue to process the acquisition of SPIL's common stock and American depositary receipts, will not be effected by the alliance between SPIL and Foxconn.
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ASE said that the purchase price would be NT$45 per share, higher than the shares exchange between Foxconn and SPIL of NT$37.8 per share, increased by nearly nineteen percent.
ASE also expressed “disagree” to the opposed conclusions of SPIL’s Review Committee and the Board of directors.
ASE also appealed to the management team, directors and shareholders of SPIL should carefully consider the alliance with Foxconn.
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