WT Microelectronics Completes Acquisition of Future Electronics
WT Microelectronics today announced that it has successfully completed its acquisition of Future Electronics Inc for an enterprise value of US$3.8 billion.
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WT Microelectronics today announced that it has successfully completed its acquisition of Future Electronics Inc for an enterprise value of US$3.8 billion.
Taiwan's WT Group, the fourth-largest semiconductor component distributor in the world, has agreed a five-year syndicated loan project worth US 1.9 billion with two banks.
Taiwanese semiconductor component distributor, WT Microelectronics has entered into a definitive agreement to acquire 100% of the shares of Future Electronics for an enterprise value of USD 3.8 billion.
The transaction, announced Thursday by WT Microelectronics, comes more than seven months after the Pointe-Claire based firm was rocked by allegations that company founder Robert Miller had paid to have sex with minors.
/PRNewswire/ -- Future Electronics today announced the further strengthening of its global executive team. Omar Baig, in addition to holding the positions of...