The deal is the largest GDR by a Taiwan issuer, exceeding a $936 million offering by China Steel in October 2003. It is also the largest equity deal by a Taiwanese company this year, aside from the two sell-downs in Taiwan Semiconductor Manufacturing by Royal Philips Electronics in March and May.
The GDR marks the first time Innolux has returned to the equity capital markets since its initial public offering in October...
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