Wacker Chemie sells 21% of Siltronic at 5.3% discount

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Wacker Chemie sells 21% of Siltronic at 5.3% discount

Wacker Chemie picked Credit Suisse, Citigroup and Commerzbank on Tuesday night to sell 21% of Siltronic, the German company that makes silicon wafers for mobile phones and computers, after its share price had rallied by more than 260% over the past 12 months.

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