An unknown buyer acquired 2.5% stake in Taita Chemical Company, Limited from Taiwan Union International Investment Corp. for approximately TWD 310 million.
August 08, 2021
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An unknown buyer acquired 2.5% stake in Taita Chemical Company, Limited (TWSE:1309) from Taiwan Union International Investment Corp. for approximately TWD 310 million on August 9, 2021. Under the terms, offer price is TWD 35.46 per share.
An unknown buyer completed the acquisition of stake 2.5% in Taita Chemical Company, Limited (TWSE:1309) from Taiwan Union International Investment Corp. on August 9, 2021.
TAITA CHEMICAL COMPANY, LIMITED is a Taiwan-based company principally engaged in the manufacture and distribution of chemical products. The Company's products mainly include expanded polystyrene (EPS), acrylonitrile, butadiene, acrylonitrile butadiene styrene (ABS) resin, general polystyrene (GPS), glasswool products, cubic printing products, impact-resistant polystyrene (IPS) and others. The Company' s products are applied in the manufacture of information equipment, sanitary products, toys, decorations, packaging products, household electrical appliances and others. The Company distributes its products within domestic market and to overseas markets.
An unknown buyer acquired 2.5% stake in Taita Chemical Company, Limited from Taiwan Union International Investment Corp. for approximately TWD 310 million.