Compal Electronics to buy remaining CBN shares for NT$ 18.5 each in cash
Compal Electronics will acquire the remaining shares of Compal Broadband Networks via a cash share swap to take full ownership. Offer set at NT$ 18.5 per CBN share, an 18.21% premium to the prior trading day’s close. Compal currently holds 42.6% of CBN; completion would make CBN a wholly owned subsidiary and trigger de