Tuesday, May 15, 2007

UK fund says won't sell STATS ChipPAC shares to Temasek

(Reuters) - Temasek bid as much as S$2.44 billion for the 64.4 percent of STATS ChipPAC that it did not own.

"We will probably not tender our shares, but have no problem with others doing so," Jeremy Hosking, a co-founder of Marathon, said in an e-mailed statement late on Monday.


Read more at Reuters.com Mergers News

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