 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Singapore's Venture Corp to acquire GES in deal worth 620 mln dlrs
Singapore (AFP) Jul 26, 2006 Contract electronics manufacturer Venture Corp is to acquire GES International, which makes point-of-sale terminals, the Singapore-listed companies said Wednesday. Venture will pay 1.25 dollars (78.85 US cents) per GES share, valuing the company at 980 million dollar (620 million US), Venture said. The deal is subject to shareholder approval. "A combination of Venture and GES will create a strong player with high growth potential, scale of operations, extensive design capabilities and leading industry position," the companies said. Venture employs more than 13,000 people worldwide and has manufacturing facilities in Singapore, China, the United States, Spain and Malaysia. GES has plants in China, Singapore, Malaysia and the United States. Community Email This Article Comment On This Article Related Links All about the technology of space and more
Taiwan AU Optronics posts sharp fall in profits in second quarter
Taipei (AFP) Jul 25, 2006 AU Optronics Corp, the world's third biggest flat-panel maker, posted Tuesday a sharp fall in net profits in the three months to June as competition kept the pressure on prices. |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
