# ASE and SPIL receive Taiwan Fair Trade Commission clearance for merger

Advanced Semiconductor Engineering (ASE) and Siliconware Precision Industries (SPIL) announced that the Taiwan Fair Trade Commission cleared their merger on November 16, 2016. The merger involves a share exchange to form a new holding company.

- Type: Acquisition
- Announced: 2016-11-18
- Where: Taipei, TWN
- Status: announced
- Products: semiconductor packaging and testing services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Advanced Semiconductor Engineering](https://endata.com/companies/19708.md) (acquirer)
- [Siliconware Precision Industries](https://endata.com/companies/19709.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/joint-announcement-by-ase-and-spil-300365817.html), 2016-11-18: "ASE and SPIL jointly announced today that on November 16, 2016, the Taiwan Fair Trade Commission resolved to give clearance to the notification submitted by ASE on July 29, 2016, in respect of the merger."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.