Taiwan's Siliconware Precision shareholders seek about $460 mln in block deal -IFR

HONG KONG, July 9 Wed Jul 9, 2014 5:14am EDT

Related Topics

HONG KONG, July 9 (Reuters) - Shareholders in Taiwan's Siliconware Precision Industries Co are seeking around $460 million in a block trade of the company's shares, IFR reported on Wednesday, citing a term sheet.

Capital Income Builder Fund and Capital World Growth Income Fund are offering 269.3 million shares, priced in a range of NT$50.20 to NT$51.80 ($1.68 to $1.73), a discount of up to 6.9 percent on the last trade, said IFR, a ThomsonReuters publication.

UBS AG is sole bookrunner for the deal.

($1 = 29.8900 Taiwan dollars) (Reporting by Dan Stanton of IFR; writing by Stephen Aldred)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.