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New Deal


Announced

TE Connectivity to acquire Schaffner for $363m.

Financials

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Transaction Value£285m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium79.1%
One Off Charge-

Tags

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Acquisition

Majority

Public

Domestic

Pending

Friendly

Single Bidder

Switzerland

electromagnetic components

Electronic Equipment: Other

Synopsis

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TE Connectivity, an industrial technology company, offered to acquire Schaffner, an electromagnetic solutions provider, for $363m. "The agreement announced today marks a new chapter for Schaffner. The business is well positioned to build on its market-leading position and grow further by leveraging TE’s global presence and scale, customer reach across multiple market segments, and manufacturing and logistics capabilities," Marc Aeschlimann, Schaffner CEO.

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