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What Do Hedge Funds Have to Say about the Upcoming Merger between PMC-Sierra and Skyworks Solutions?

2015-10-06 17:29:27| Semiconductors - Topix.net

Sierra Inc and Skyworks Solutions Inc are in the spotlight after Skyworks Solutions agreed to acquire PMC-Sierra for $10.50 per share in cash in a transaction valued at $2 billion. The transaction will strengthen Skyworks' status as an RF, analog, and mixed signal semiconductor leader and will greatly expand the company's customer base and product portfolio.

Tags: solutions funds upcoming merger

 

16 Deals Feeding Chip Biz's Merger Fever | EE Times

2015-10-06 07:56:40| Semiconductors - Topix.net

The semiconductor industry has undergone an unprecedented wave of consolidation over the past 18 months, with both the volume of deals and their size standing out even in an industry that has always been heavy on mergers and acquisitions. In the first half of 2015 alone, the value of semiconductor acquisition deals was valued at about $72.6 billion, according to market research firm IC Insights Inc. This total is more than six times the annual average for M&A deals struck during the five previous years.

Tags: times deals ee chip

 
 

Williams Partners Announces Termination Of Its Merger Agreement With Williams

2015-10-05 07:04:54| chemicalonline Home Page

Williams Partners L.P.,(“Williams Partners”) recentlyannounced an agreement with The Williams Companies, Inc. (“Williams”), the owner of Williams Partners’ general partner, whereby both parties have terminated their previously announced merger agreement under which Williams was to acquire all of the public outstanding common units of Williams Partners in an all stock-for-unit transaction

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UK competition watchdog requests to review 3UK/O2 merger

2015-10-05 02:00:00| Total Telecom industry news

Competition and Markets Authority says impact of transaction will be limited to U.K. consumers; decision due by 30 October.

Tags: review requests competition merger

 

CMA requests UK review of 3 UK, O2 merger

2015-10-04 15:21:00| Telecompaper Headlines

(Telecompaper) The UK Competition and Markets Authority (CMA) has made a request to the EC to refer Hutchison's proposed takeover of Telefonica Europe to the CMA for investigation. Hutchison owns mobile network operator 3 UK, whilst Telefonica Europe owns O2 UK. The merger was formally notified to EC on11 September. Following consultation and preliminary analysis, the CMA believes that the deal threatens to significantly impact competition in the UK retail mobile and wholesale mobile markets. It also believes that the case should be referred to the CMA for investigation, and not the EC, because any impact on competition resulting from the merger will likely be limited to UK consumers. Taking its ongoing investigation of the BT/EE merger into account, the CMA believes that it would be more efficient for it to also investigate the 3 UK/O2 merger to avoid duplication and fragmentation. The CMA also received support from industry participants in making the request. The EC must make a decision on whether or not to refer the case by 30 October.

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