Silicon wafer giant Global Crystal (6488-TW) Announced today (4) that the public acquisition of all outstanding shares of Siltronic AG. The extension of the statutory public acquisition period expired on March 1, and the acquisition of 70.27% equity was finally obtained, which is better than the initial planned minimum acquisition The proportion is 65%, and the final delivery is expected to be completed in the second half of the year.
Xu Xiulan, Chairman of Global Crystal, said that the merger of Global Wafer and Siltronic has ushered in another important milestone. After the merger, it will have a larger production scale and a richer product line to provide better services to global customers.
Global Crystal has raised the purchase price for the public acquisition of Shichuang twice a few days ago, reaching 145 per share EUR, And reduced the minimum equity ratio for public acquisitions from 65% to 50%. The public acquisition period was extended to February 10, and 56.92% equity was acquired at the deadline. The threshold for the minimum equity acquisition ratio was reached. According to local regulations, the public acquisition period Two weeks to March 1st, German time.
SEMI pointed out that after the merger of Global Crystal and Shichuang, the market share will reach 30%, becoming the world’s second largest silicon wafer fab, and will also obtain more epitaxial production capacity; the top three silicon wafer fabs will have a combined market share in the future. Up to 85%, it will become an oligopolistic market, which will greatly help the stability of the silicon wafer market.
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