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"Exclusive: Foxconn among potential bidders for Singaporean chip assembly firm UTAC in $3 billion deal, sources say"
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"UTAC's owner, Beijing-based private equity firm Wise Road Capital, has hired Jefferies to run a sale process and is expecting to field non-binding bids by the end of this month. Foxconn, a major supplier to Apple, has expanded into making semiconductors in recent years and has a presence in China, which may attract interest from financial and strategic bidders not from the US."
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