Brief: Camtek enters into agreement to sell its PCB business for up to $35 mln

Camtek

20/07/2017 11:10

July 20 (Reuters) - Camtek Ltd  CAMT.TA - 
    * Camtek announces definitive agreement to sell its PCB 
business for up to $35 million 
    * Camtek Ltd - PCB business will be included as discontinued 
operations in camtek's financial statements for q2 2017 results 
and until date of closing 
    * Camtek - $32 million of deal value will be paid in cash 
upon closing, additional amount of up to $3 million conditioned 
upon pcb business' performance in 2018 
    * Camtek Ltd - signed agreement with an affiliate of 
Principle Capital, a Shanghai-based private-equity fund, to sell 
its PCB business 
 
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