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GlobalWafers lowers acceptance threshold for Siltronic bid

BERLIN, Jan 25 (Reuters) - Taiwan’s GlobalWafers has lowered the minimum acceptance threshold and extended the deadline in a bid to try and save its 4.35 billion euro ($5.3 billion) offer for Germany’s Siltronic.

GlobalWafers said in a statement on Monday that the minimum acceptance threshold for the 145 euro per share deal had been reduced to 50% from 65% and extended the acceptance period for shareholders to tender their shares by two weeks until Feb. 10.

$1 = 0.8210 euros Reporting by Caroline Copley; editing by Thomas Seythal

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