Reuters, 29 May 2009, Saeed Azhar and Harry Suhartono
SINGAPORE, May 29 (Reuters) - Abu Dhabi's Advance Technology Investment Co (ATIC) has bid for Temasek's majority stake in Chartered Semiconductor (CSMF.SI), valuing the Singapore microchip maker at $1.7 billion, the Business Times reported on Friday.
The potential bid would be the Abu Dhabi state-owned venture capital firm's second big investment in the technology sector since March when it agreed to pay $2.1 billion for 55.6 percent of a joint venture with Advanced Micro Devices Inc (AMD.N).
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