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

Warburg Pincus to buy CBs in Taiwan LCD maker

The China Post - Warburg Pincus will buy US$250 million in convertible bonds from Taiwan's Chunghwa Picture Tubes, in the first private equity investment by a major firm in the fast-growing LCD industry, Chunghwa's advisor said yesterday. Full Story