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Jiangsu Changjiang Electronics Technology Co., Ltd (JCET) has agreed to buy Temasek Holdings-controlled STATS ChipPAC, valuing the Singapore company at about $1.8 billion including debt. JCET will pay S$0.46 per share for the semiconductor packaging firm.
“China's Jiangsu Changjiang Electronics Technology Co Ltd (JCET) has agreed to buy Temasek Holdings-controlled STATS ChipPAC, valuing the Singapore company at about $1.8 billion including debt”theedgemalaysia.com
Summarized from public sources; check the original articles before acting on it.