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Taiwan Semiconductor Manufacturing to merge with electronic subsidiary


Tuesday, 29 Aug 2017 05:25am EDT 

Aug 29 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd <2330.TW> ::* Says it plans to buy 10.9 million shares of an electronic subsidiary, to raise its stake in the subsidiary to 100 percent from 57.7 percent.* Says it will merge with the subsidiary and subsidiary will be dissolved.* Record date is Nov. 1 .