Brief: Topsil signs agreement on the sale of its Silicon business

Cemat A/S

20/05/2016 07:00

May 20 (Reuters) - Topsil Semiconductor Materials A/S 
 TPSL.CO : 
    * GlobalWafers  6488.TWO  and Topsil Semiconductor Materials 
A/S have signed an agreement pursuant to which GlobalWafers will 
acquire Topsil's entire silicon business at a price of 320 
million Danish crowns  ($48.25 million)  on a debt-free basis 
before transaction costs 
    * Transaction is expected to be completed in early July 2016 
 
Source text for Eikon:  ID:nCSE6l3s  
Further company coverage:  TPSL.CO  
 
($1 = 6.6327 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48586983920;))