Tuesday, June 26, 2007

UPDATE 1-Texas Pacific, consortium set to bid for UTAC-sources

(Reuters) - SINGAPORE, June 26 - U.S. private equity firm
Texas Pacific Group [TPG.UL] is expected to bid for Singapore's
microchip-testing firm United Test and Assembly Center
as part of a consortium, banking sources said on
Tuesday.




The deal may be worth as much as S$1.8 billion , dealers and analysts said.


Read more at Reuters.com Mergers News

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