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PE-Backed Semiconductor Co. UTAC Pulls $350M IPO

By Matthew Perlman ( November 28, 2016, 1:50 PM EST) -- UTAC Holdings Ltd. , a Singapore-based semiconductor assembly and testing company backed by affiliates of TPG Capital and Affinity Equity Partners, withdrew a planned $350 million initial public offering on Friday, citing unfavorable market conditions. . . .

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