LFoundry: Semiconductor Manufacturing Int'l : International to Acquire 70% Stake in LFoundry

(4-traders.com) Deal Type: Acquisition Deal Sub Type: Majority Acquisition Deal Status: Announced Deal Value: 55.6302 USD Deal in Brief Semiconductor Manufacturing International Corp. (SMIC), a Chinese semiconductor foundry company involved in providing integrated circuit (IC) foundry and related services, has agreed to acquire a 70% stake in LFoundry S.r.l....http://www.4-traders.com/SEMICONDUCTOR-MANUFACTURI-6170774/news/Semiconductor-Manufacturing-Int-l-International-to-Acquire-70-Stake-in-LFoundry-22585484/