New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 25, 2014
08:03 EDTARWArrow Electronics upsizes asset securitization program
Arrow Electronics announced that the company has amended its asset securitization program, extending maturity to March 2017 and increasing capacity to $900M. The program previously matured in December and totaled $775M. The program is led by Bank of America, as administrative agent.
News For ARW From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 28, 2015
05:33 EDTARWArrow Electronics initiates tender offer to acquire Data Modul AG
Arrow Electronics, through its wholly-owned subsidiary in Munich, Germany, is initiating an all-cash tender offer to acquire the shares of Data Modul AG for a purchase price of $31.00 per share based on current exchange rates. The purchase price represents a premium of approximately 35% on the weighted average stock exchange price of the Data Modul AG-shares during the prior three months. Headquartered in Munich, Germany, Data Modul AG has operations in Europe, Middle East, Asia, and North America. Sales in 2014 are estimated to be EUR 160M. The purchase price assuming all shares are tendered would be approximately $105M based on current exchange rates.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use