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Merger talk rattles STATS ChipPAC bond investors

Worry over Temasek's potential sale of stake in chip-tester

SINGAPORE investment company Temasek Holdings' potential sale of its stake in chip-tester STATS ChipPAC is rattling bond investors. The yield on the semiconductor company's US dollar-denominated 2016 notes has surged 24 basis points to 4.28 per cent since Aug 26 amid reports that it was in