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IFX - Infineon Technologies AG News Story

€31.62 1.0  3.3%

Last Trade - 14/05/21

Sector
Technology
Size
Large Cap
Market Cap £35.44bn
Enterprise Value £38.65bn
Revenue £8.61bn
Position in Universe 36th / 1053

BRIEF-Cypress Semiconductor Says In Event Of Deal Termination For A Superior Proposal, Cypress Must Pay To Infineon A Fee Of $330 Mln

Mon 3rd June, 2019 11:54am
June 3 (Reuters) - Cypress Semiconductor Corp  CY.O :
    * CYPRESS SEMICONDUCTOR CORP - IN EVENT OF DEAL TERMINATION
FOR A
SUPERIOR PROPOSAL, CYPRESS MUST PAY TO INFINEON A FEE OF $330
MILLION
    * CYPRESS SEMICONDUCTOR -  IN CASE OF DEAL TERMINATION UNDER
SOME
SITUATIONS, INFINEON TO PAY CO OF A FEE OF $425 MILLION - SEC
FILING

Source text: (https://bit.ly/2WlaBvk)
Further company coverage:  CY.O 

 ((Reuters.Briefs@thomsonreuters.com;))
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