(Reuters) - SINGAPORE, June 27 - Shares of United Test and
Assembly Center rose as much as 8.3 percent on
Wednesday after private equity firm Texas Pacific Group and
Asia-focused buyout firm Affinity Equity Partners offered to
buy the Singapore microchip tester.
UTAC shares hit S$1.17, a level last seen in February 2004,
and the stock was the most actively traded stock on the
Singapore bourse with more than 146 million shares changing
hands.
Read more at Reuters.com Mergers News
Assembly Center rose as much as 8.3 percent on
Wednesday after private equity firm Texas Pacific Group and
Asia-focused buyout firm Affinity Equity Partners offered to
buy the Singapore microchip tester.
UTAC shares hit S$1.17, a level last seen in February 2004,
and the stock was the most actively traded stock on the
Singapore bourse with more than 146 million shares changing
hands.
Read more at Reuters.com Mergers News
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