TPG, Affinity-backed UTAC prepares for $400 million relisting
TPG Capital and Affinity Equity Partners-backed United Test and Assembly Center (UTAC), a provider of test and assembly services for semiconductor devices, is reportedly set to re-list on the Singapore Exchange with the aim of raising $400 million.
UTAC was delisted from the bourse in 2007 following a LBO by TPG and Affinity, according to Dow Jones, and is now considering relisting in the second quarter of the year. AVCJ reported in September, when...
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