Infineon Technologies raises €1.5bn for US acquisition

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Infineon Technologies raises €1.5bn for US acquisition

Aidan Gregory
June 18, 2019 02:00 pm
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12 November 2018, Bavaria, Neubiberg: Reinhard Ploss (l-r), Chief Executive Officer of Infineon, and Dominik Asam, Chief Financial Officer of the company, will be standing in front of the Infineon logo during the annual press conference at the semiconductor manufacturer's headquarters. The company announced its annual figures on this day. Photo: Lino Mirgeler/dpa | Lino Mirgeler/DPA/PA Images

Infineon Technologies, the German semiconductor maker, has raised €1.54bn of fresh equity to finance its takeover of Cypress Semiconductor, an American rival, via an accelerated bookbuild.

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