Brief: GlobalWafers to buy Topsil's silicon business for DKK 355 million

Cemat A/S

17/06/2016 11:55

June 17 (Reuters) - Topsil Semiconductor Materials A/S  TPSL.CO : 
    * Prior to EGM, Topsil had received an increased offer from GlobalWafers  6488.TWO  on 355 
million Danish crowns ($53.7 million) on debt-free basis 
    * General meeting approved board's proposal for change of company's name to Cemat A/S 
    * Completion of sale of silicon business is expected in July 2016 
 
     
Source text for Eikon:  ID:nCSE6n1V  
     
Further company coverage:  TPSL.CO  
 
($1 = 6.6061 Danish crowns) 
 
 (Gdynia Newsroom) 
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