Flex logo

FLEX - Flex News Story

$17.42 0.7  4.2%

Last Trade - 13/05/21

Sector
Technology
Size
Large Cap
Market Cap £5.94bn
Enterprise Value £6.76bn
Revenue £17.17bn
Position in Universe 1021st / 6856

BRIEF-Suzhou Dongshan Precision Manufacturing To Acquire Flex Ltd's Multek

Tue 27th March, 2018 2:44am
March 27 (Reuters) - Suzhou Dongshan Precision Manufacturing
Co Ltd  002384.SZ :
    * SAYS IT PLANS TO ACQUIRE FLEX LTD'S MULTEK, INCLUDING 11
FIRMS,
FOR ABOUT $292.5 MILLION
    * SAYS IT PLANS TO SET UP SPV IN HONG KONG FOR THE
TRANSACTION
    * SAYS IT SIGNS COOPERATION FRAMEWORK AGREEMENT TO SET UP
FUND
WORTH ABOUT 4.0 BILLION YUAN  ($638.64 million) WITH PARTNERS

Source text in Chinese: https://bit.ly/2pHMbZW;
https://bit.ly/2upG3eu; https://bit.ly/2pHoZLx
Further company coverage:  002384.SZ  FLEX.O 

($1 = 6.2633 Chinese yuan renminbi)

 (Reporting by Hong Kong newsroom)
 ((hongkong.newsroom@thomsonreuters.com; (8610) 6627-1277;
Reuters Messaging: min.zhang@thomsonreuters.com))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.