"STMicro next Chipmaker targeted for buyout"
According to traders betting on the creditworthiness of companies, STMicroelectronics may be the next chipmaker targeted for a buyout.
The perceived risk of owning STMicroelectronics' $1.6 billion of bonds has risen 29 percent in the past week to its highest in six months, Bloomberg reports.
According to Olli Rouhiainen, an analyst at Standard & Poor "STM would be a bigger buyout than Freescale or NXP, but in this day and age any company can be bought, ratings will suffer when leverage rises.''
According to Olli Rouhiainen, an analyst at Standard & Poor "STM would be a bigger buyout than Freescale or NXP, but in this day and age any company can be bought, ratings will suffer when leverage rises.''
Korean defense manufacturers fined for cartel
Four major defense manufacturers in Korea have been fined for alleged involvement in a cartel according to the Korean Fair Trade Commission.
Ad
©edhar-yralaits-dreamstime.com
Indian joint venture aims at hi-tech cluster
© GPV
GPV moves into medical electronics
GPV Asia Electronics has obtained Bureau Veritas’ medical certification ISO 1348.
©tom-schmucker-dreamstime.com
Balda shareholder Octavian suffers loss at court
More News
- Matti Paasila resigns from Cencorp's Board of Directors
- Is 2012 a recession year?
- Fineline distributes FTG
- Carcinogens found at Samsung factory
- CT Production invests in AOI technology
- Printca is bankrupt
- Mitsubishi Motors ends vehicle production in Western Europe
- RiverSide Electronics purchases new SMT equipment
- Micron CEO dies in plane crash
- Torsten Pelzer heads Viscom Sales
- Huawei opens unit in Hungary
- Rohde & Schwarz and Hameg Instruments consolidate cooperation
- Inside the Asus AMD 7970 graphics card
- AU Optronics & Idemitsu Kosan collaborate
- Kimball complete Welsh & Californian closures in 2Q
- Bosch plans new Romanian factory
- Dynamic EMS invests in test equipment
- Thales Australia axes 50 jobs
- Sales down for Benchmark in 4Q
- Viscom sells Desktop AOI to Mosca Elektronik
- De'Longhi & Bosch add staff in Romania
- Xenterio close down in Offenburg
- Mikron acquires IMA Automation Berlin
- EMS: M&A activity down in 2011
- Multitest supplies Asian high volume test site
- Carl Zeiss adds in South Korea
- Goepel and WIN-TEK partner in Italy
- LG net loss narrows on back of mobile sales
- Murata completes acquisition of VTI Tech Oy
- Key Tronic's profit rises
- EMS salary increases rising
- 5 more Foxconn factories for Brazil?
- December Rigid PCB shipments down 3.6% YoY
- Cencorp ends temporary layoffs in Finland
- Flextronics adds in Hungary
- Take camera out of box!
- Videoton continues success
- Efore to close down in Baltics
- Nokia Siemens lays off 2'900 in Germany
- EC opens proceedings against Samsung
Comments
Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.