ST Engineering Unit To Acquire Nera Telecom For $141M

Symbols: SGGKY
Posted in: News, M&A
Share

Singapore Technologies Engineering Ltd (OTC: SGGKY) reported that its unit Singapore Technologies Electronics will buy Nera Telecommunications Ltd for S$141 million.

Nera shareholders will receive an aggregate cash amount of S$0.45 per share.


 
 
< Previous
Stocks To Watch For February 13
Next >
Cerro Verde Posts Drop In Q4 Net Income
Share
Printer-friendly version
Send to friend
We're Loving

Benzinga's Premium Memberships

Benzinga's News Delivered Free

Brain Trust