GlobalWafers of Taiwan has bid €4.4 billion for Germany’s Siltronic.

The bid of €145 a share topped a previous bid of €125 made on December 10th.

GlobalWafers said its latest offer represents fair value and is final.

Siltronic shares rose 4% to close at €145.05 on Friday.

The Siltronic board said it “considers the tender offer attractive.”

The merged company will be the world’s biggest silicon wafer supplier with a 30%+ market share.

In 2019, Siltronic had revenues of €1.3 billion.

By: DocMemory
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