Tuesday, September 18, 2007

Warburg Pincus says it 'won't intervene'

The China Post - Private equity firm Warburg Pincus, which will buy local TFT-LCD maker Chunghwa Picture Tubes for US$250 million in convertible bonds, will not intervene in Chunghwa's operations as a result of the deal, said Lin Wei-shan, chairman of the flat-panel maker. Full Story