Credit Suisse First Boston has been selected to lead what is expected to be a $300 million to $500 million third quarter ADR offering.
Because of VIA's status as the poster child of the Taiwanese tech sector, competition to win the mandate has been intense, with Taipei-based bankers reporting that Goldman Sachs came closest to snagging the mandate off its Swiss-American rival.
VIA has enjoyed a spectacular rise to fame in Taiwan since its domestic listing in March 1999 at NT$120 per share. Having taken on Intel's dominance of the chipset market, the company has seen its global market share rise from 16% in 1999 to 29% in 2000. Initially, many analysts...