New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 1, 2013
16:17 EDTTTMITTM Technologies signs letter of intent for SYE and DMC plants
TTM Technologies announced that it has signed a letter of intent with its minority partner, Shengyi Technology Co. Ltd., to dispose of TTM's 70.2% equity interest in the SYE plant and to acquire Sytech's 20% equity interest in the DMC plant. Both the SYE and DMC plants manufacture conventional PCBs and are located in Dongguan, China. Subject to conclusion of a formal sale and purchase agreement between the parties, the transaction is expected to close by the end of the second quarter of 2013. A condition for closing is that the parties value all of SYE at 1B RMB (about $161M) and all of DMC at 900M RMB (about $145M).
News For TTMI From The Last 14 Days
Check below for free stories on TTMI the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
There are no results for TTMI

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