MOFCOM conditionally clears ASE's acquisition of SPIL

China's Ministry of Commerce conditionally cleared Advanced Semiconductor Engineering Inc.'s acquisition of Siliconware Precision Industries Co., Ltd. on 24 November 2017, requiring the parties to hold their businesses separate for 24 months.

“MOFCOM conditionally cleared the proposed acquisition of Siliconware Precision Industries Co., Ltd. (SPIL) by Advanced Semiconductor Engineering Inc. (ASE).”lexology.com

• 1 source
• lexology.comMOFCOM’s conditional clearance of ASE/SPIL sees return of “hold-separate” remedy - LexologyJohn Boyce, Natalie Yeung, Philippe ChappatteDec 13, 2017

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