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BRIEF-Taiwan Semiconductor Manufacturing to merge with electronic subsidiary
August 29, 2017 / 9:29 AM / 21 days ago

BRIEF-Taiwan Semiconductor Manufacturing to merge with electronic subsidiary

Aug 29 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd :

* Says it plans to buy 10.9 million shares of an electronic subsidiary, to raise its stake in the subsidiary to 100 percent from 57.7 percent

* Says it will merge with the subsidiary and subsidiary will be dissolved

* Record date is Nov. 1

Source text in Chinese: goo.gl/EM2DRQ

Further company coverage: (Beijing Headline News)

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