Taiwan's GlobalWafers raises takeover bid for Germany's Siltronic to $5.1b

Taiwan's GlobalWafers raises takeover bid for Germany's Siltronic to $5.1b

Silicon wafers. Photo: Laura Ockel/unsplash

Taiwan’s GlobalWafers raised its takeover offer for Germany’s Siltronic by 450 million euros ($547 million) on Friday as it tries to win over shareholders in its bid to create a leading player in the global wafer industry.