Link This |
Email this |
Blog This |
Comments (0)
ASE to go private?
November 27, 2006
The controversial practice of taking public companies private has is hitting the test industry. Taiwan-based test and assembly provider Advanced Semiconductor Engineering Inc. (ASE) is the most recent target of a potential private equity takeover. Sibling publication Electronic News reports that private equity firm Carlyle Group is in talks to acquire the company for $5.46 billion. Carlyle said it is leading a group of investors in the all-cash acquisition for $5.94 per American depository receipt. EN adds, “The deal would only be the most recent for Carlyle in the semiconductor space. As part of a consortium, Carlyle in September announced plans to buy Freescale Semiconductor for $17.6 billion. Carlyle also owns Jazz Semiconductor , AZ Electronics and Toshiba Ceramics.”
Posted by Rick Nelson on November 27, 2006 | Comments (0)
