Globalwafers to buy Siltronic

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Globalwafers, the Taiwanese silicon wafer vendor, is to buy German wafer maker Siltronic for $4.5 billion, reports Bloomberg. Wacker, which owns 30.8% of Siltronic and is its largest shareholder, has approved the deal. The two companies are about to enter a  Business Combination Agreement (BCA) which allows  Siltronic to pursue an essentially unchanged business strategy. The …

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