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Bludger 13 декабря 2006 г. 11:51
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-=Shura=- 13 декабря 2006 г. 06:25
International Rectifier and Vishay Announce Agreement for the Sale of IR's Power Control Systems Business EL SEGUNDO, Calif. & MALVERN, Pa.--(BUSINESS WIRE)--Nov. 1, 2006--International Rectifier Corporation (IR) (NYSE:IRF) and Vishay Intertechnology, Inc. (NYSE:VSH) today announced they have reached an agreement for the sale of IR's Power Control Systems (PCS) business to Vishay. The PCS business includes IR's Non-Focus Products business and certain product revenue from its Focus Products business, including certain discrete planar MOSFETs, discrete diodes and rectifiers, discrete thyristors, and automotive modules and assemblies. The PCS business accounted for revenue of approximately $300 million, or 26% of revenues in IR's June-ending fiscal year 2006. The PCS business is expected to be sold for approximately $290 million in cash. The agreement is subject to customary closing conditions, including obtaining all necessary governmental approvals and clearances, and finalization of schedules and other related documentation. Signing of definitive agreements is expected to take place by Friday, November 10, 2006, and the transaction is expected to close in February 2007.