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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek wants better deal for Chartered Semi stake

Posted on 16 June 2009

From Dow Jones: Singapore state-owned investment company Temasek Holding Pte. Ltd. wants a better offer for its controlling stake in Chartered Semiconductor Manufacturing Ltd. (CHRT) than the one it got from Abu Dhabi-owned Advanced Technology Investment Co., two people familiar with the situation said Monday.

Temasek is “still considering the Arab offer, but there are no talks right now,” one of the people said, noting that the company feels it can get a better offer. ……Full Article (Subscription Required): Source


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