Equity Group Proposes UTAC Acquisition

(June 27, 2007) SINGAPORE &#151 United Test and Assembly Center Ltd. (UTAC) confirmed that Affinity Equity Partners and TPG Capital, under a combined umbrella company, Global A&T Electronics, would acquire all issued ordinary shares in UTAC for up to $0.71–0.77/share in cash. The purchase is valued at about $2.2 billion.


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