Abu Dhabi firm offers to buy Chartered Semiconductor 7289 7608 PakRealEstateTimes.Com

Thread Rating:

0 Vote(s) - 0 Average
1
2
3
4
5

Threaded Mode | Linear Mode

Abu Dhabi firm offers to buy Chartered Semiconductor

09-08-2009, 05:05 AM

Post: #1

LahoreEstate Offline

Administrator

Posts: 2,122
Joined: Nov 2024
Reputation: 0

Abu Dhabi firm offers to buy Chartered Semiconductor

SINGAPORE: An Abu Dhabi investment firm has offered to buy Singapore’s Chartered Semiconductor for $3.9 billion, which would create one of the world’s largest microchip makers, officials said Monday. The buyout by Advanced Technology Investment Company (ATIC) comes as chip companies around the world look to boost sales after being hit hard by falling demand brought about by the global slump. Chartered chairman James Norling said the firm had been looking at several ‘potential strategic options’ and the offer from ATIC was the best. “After carefully looking at all of these strategic options in front of us, we believe this proposal is definitely worthy for the company shareholders to consider,” he said at a news briefing. afp

http://www.dailytimes.com.pk/default.asp...009_pg5_38

« Next Oldest | Next Newest »

Possibly Related Threads...
Thread:		Author	Replies:	Views:	Last Post
	RDA Takes Firm Action Against Promotion of Unlawful Housing Projects	LRE-Azan	0	478	11-23-2023 06:15 PM Last Post: LRE-Azan
	R&M Tower-LHR offers Commercial/ Residential units on 3-year instalment plan	LRE-Azan	0	1,008	01-26-2023 03:13 PM Last Post: LRE-Azan
	Government Of Pakistan NOW Offers Digital Power Of Attorney For Sale Purchase Of Prop	LRE-Azan	0	1,479	11-19-2021 06:54 PM Last Post: LRE-Azan
	Property sector aims to put down firm roots in Pakistan	Salman	0	4,397	02-26-2014 10:14 PM Last Post: Salman
	Property sector aims to put down firm roots in Pakistan	Salman	0	4,500	02-17-2014 01:18 PM Last Post: Salman
	Citi Housing Gujranwala Offers Residential Plots for Sale	Salman	0	18,094	12-09-2013 02:28 PM Last Post: Salman
	German firm offers to produce gas, electricity from garbage	Salman	0	10,807	10-14-2013 04:29 PM Last Post: Salman
	OPF Housing Scheme Offers Residential Plots in Lahore	Salman	0	27,765	06-07-2013 07:19 PM Last Post: Salman
	Malik Riaz, Abu Dhabi Group to invest $ 35B	Salman	0	5,096	02-18-2013 06:53 PM Last Post: Salman
	Karachi-Hyderabad motorway: NHA cancels contract with Malaysian firm	Salman	0	5,225	01-30-2013 03:52 PM Last Post: Salman
	Karachi-Hyderabad motorway: NHA cancels contract with Malaysian firm	Salman	0	5,007	01-29-2013 04:03 PM Last Post: Salman
	Private firm to take over Pindi’s sanitation services	Salman	0	4,385	11-02-2012 04:51 PM Last Post: Salman
	CDA may reject highest offers for commercial plots	Salman	0	4,379	04-11-2012 12:22 PM Last Post: Salman
	Malaysian firm to construct Karachi-Hyderabad Motorway (M-9)	Salman	0	4,620	02-17-2012 03:06 PM Last Post: Salman
	Abu Dhabi group enters in mobile financial services	Salman	0	4,756	02-11-2012 12:36 PM Last Post: Salman
	NHA awards M-9 project's contract to Malaysian firm	Lahore_Real_Estate	0	4,036	01-27-2012 12:32 PM Last Post: Lahore_Real_Estate
	Turkey offers to build power plants in Punjab	Salman	0	5,050	01-06-2012 12:46 PM Last Post: Salman
	Hamriya Free Zone offers registration, visa for investors	Salman	0	6,354	12-04-2011 02:30 PM Last Post: Salman
	PTCL offers speeds up to 50 Mbps	Lahore_Real_Estate	0	3,678	08-04-2011 01:26 PM Last Post: Lahore_Real_Estate
	'Bank Alfalah, Abu Dhabi Group to stay in Pakistan	Lahore_Real_Estate	0	4,658	05-16-2011 11:33 AM Last Post: Lahore_Real_Estate

User(s) browsing this thread: 1 Guest(s)