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TCC announces acquisition of TransAsia

Liu Chih-chiang, Taipei; Noah Sauve, DIGITIMES Asia Friday 11 May 2001 0

Taiwan Cellular Corporation (TCC) on May 9 publicly announced that the company is to purchase a 97% shareholding in TransAsia Telecom for NT$39.9 a share. TCC plans to pay the NT$13.5 billion total in a single cash payment. Once the purchase is settled,...

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