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ASE Decides to Acquire 100% shares of SPIL

By Korbin Lan
Published: Dec 14,2015

TAIPEI, Taiwan - ASE tonight held a major information briefing in Taiwan, announced that the company decided to acquire 100% shares of SPIL of NTD$55 per share.

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ASE said that its board decided to propose to the SPIL’s Board of Directors to sign the terms of the acquisition, to acquire 100% stake in SPIL under a cash consideration.

The purchase price ASE proposed was NTD$55 per share, and ASE continues to maintain the existence of SPIL and the name of SPIL.

ASE said that the company will keep all of directors and management team of SPIL, and to maintain the existing compensation and related benefits.

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