subject: Frbiz.com Reports Taiwan's Advanced Semiconductor Engineering 4 Billion Acquisition Of Central Power [print this page] According to Taiwan media reports, the world's leading semiconductor packaging and testing ASE announced yesterday, through the swap, with cash, publicly acquire the entire equity interest USI. Lock 21 billion New Taiwan dollars per share purchase price, with a total transaction of approximately 18.9 billion Taiwan dollars (about 4 billion yuan).
This is a semiconductor plant in Taiwan after the acquisition of the financial turmoil of the first case, to down the integration, expansion of the semiconductor packaging market system.
ASE is currently holds approximately 18.2% stake in USI, if all the ring to acquire the remaining 81.8% stake in electricity, with a total transaction value of about 18.9 billion Taiwan dollars, including cash payment of approximately 10.1 billion NT; ASE expected, If the successful completion of the acquisition will be the Environment and electrical performance of the Group consolidated financial statements included in, expanding the gap with competitors. USI contrarian rose yesterday to close at NT daily limit price of 19.65 yuan, and ASE proposed purchase price is still nearly 7% spread.
Advanced Semiconductor Engineering plans, will be covered by a subsidiary of J & R Holding Limited and Faure Electric (ASE Test Limited) ordinary shares held by 306 million shares of ASE go against the price of tender offer for all outstanding shares, Central Electric, mergers and acquisitions at a fixed 0.34 shares of Japanese Moonlight USI common stock share, and then fixed with no cash means of about 11.31 yuan per share of NT, the total per share purchase price is locked at 21 Taiwan dollars. The acquisition period started today (18) days from 12 noon until the next year at 15:30 on January 6 only.
ASE Chief Financial Officer DONG Reith said that two subsidiaries hold ordinary shares of ASE, through the treasury shares acquired, this is used to acquire stake in USI will not cause expansion of ASE equity issues. For 21 yuan dollar is the acquisition of electricity ring "guaranteed price", but ASE stock price may be volatile, it is still impossible to calculate the total number of cash required to set aside.
DONG Hong-Reith said that ASE USI shares in 1999, the two main theme of our business is different from the two companies in recent years, gradually cut into the slim and light portable electronic product application of the required substrate, they can not generate significant synergies, and even appear to each other grab a single competition. He believes that the successful acquisition of USI ASE, one to two companies to reduce duplication of investment, competition, grab a single problem, and secondly to integrate resources to fight for integration of components maker (IDM) plant or on behalf of the factory system packaging ( SIP) modules.
DONG Si stressed, SIP module is the future of electronic products orders for key components, such as the Intel's wireless network module on the adopted SIP module manufacturing process, due to ring-side power in the system have a good customer base, ASE holds a SIP IC packaging and testing technology, 2 After the merger could concentrate its resources on those who fight for SIP orders, is a win-win strategy
