TORONTO – SMTC Corp. has entered into a definitive agreement with an affiliate of H.I.G. Capital in which H.I.G. will acquire all outstanding shares of SMTC’s common stock for $6.044 per share in cash, representing a premium of approximately 22% over SMTC’s closing share price on Dec. 31 and 66% over the share price 60 days ago.
WASHINGTON – Chris Mitchell, vice president of global government relations at IPC, released a statement regarding votes this past week in the US House of Representatives and US Senate to override President Trump’s veto of the Fiscal 2021 National Defense Authorization Act (NDAA):
THOUSAND OAKS, CA – Teledyne Technologies and FLIR Systems have entered into a definitive agreement under which Teledyne will acquire FLIR in a cash and stock transaction valued at approximately $8 billion.
KUNSHAN -- Hundreds of temporary workers from Pegatron’s factory here gathered by the recruitment center of the factory protesting the loss of promised bonuses, a labor rights group said today.
CLEVELAND – Edgewater Capital Partners has completed an investment in Naprotek, a San Jose-based electronics manufacturing services company.
EINDHOVEN, THE NETHERLANDS -- VDL Groep has acquired privately held TBP Electronics for an undisclosed sum.