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STATS ChipPAC shares dive as takeover talks end

But discussions with other interested parties still going on, says company

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Shares of STATS ChipPAC took a hard knock yesterday on news that talks with a third party interested in taking over the loss-making semiconductor group have been discontinued - PHOTO: SPH

SHARES of STATS ChipPAC took a hard knock yesterday on news that talks with a third party interested in taking over the loss-making semiconductor group have been discontinued. The stock dived by as much as 14.6 per cent initially to an intra-day low of 55.5 cents before closing at 58.5 cents,

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