November 10, 2015

Source: 4-Traders

"Littelfuse to Acquire TE Connectivity's Circuit Protection Business"

The circuit-protection business had an estimated $190 million in revenue in the 2015 fiscal year, Littelfuse said. The company said it expects the transaction to immediately add to earnings. The deal is subject to regulatory approval and is expected to close in the first quarter of 2016. The business is based in California, with manufacturing plants in China and Japan.

 

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