DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!
   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
January 21, 2020 
Main Menu
News archives

Who's Online
There are currently 397 people online.


Latest Reviews
Ewin Racing Flash gaming chair
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset

Follow us

Infineon plans to raise $1 billion

Posted on Saturday, July 11 2009 @ 05:02:32 CEST by

Chip maker Infineon plans to issue up to 337 million shares at a combined value of 725 million euros (about $1 billion) to Apollo Global Management:
In order to achieve the Apollo entry, Infineon plans to issue up to 337 million shares at a combined value of €725 million (about $1 billion). The sum is much higher than Infineon's current financial requirements which could have been almost covered by the recent sale of its wireline business. Apollo could take at least 15 percent, possibly up to 30 percent of Infineon's shares.

With the move, Apollo would become Infineon's largest shareholder. Currently the largest shareholder is Dodge & Cox International Stock Fund with holdings of 10.03 percent.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2019 DM Media Group bvba