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Freescale's US DoD Ambitions Will Be Challenged By NXP Ownership, Says Strategy Analytics

2015-03-06 04:28:11| rfglobalnet Home Page

NXP Semiconductors will buy Freescale Semiconductor and merge operations in a deal that will result in a combined company valued at over $40 billion.

Tags: strategy ownership analytics challenged

 

NXP And Freescale Announce $40B Merger

2015-03-04 02:25:11| rfglobalnet Home Page

NXP Semiconductors N.V. and Freescale Semiconductor, Ltd. recently announced that they have entered into a definitive agreement under which NXP will merge with Freescale in a transaction which values the combined enterprise at just over $40B.

Tags: announce merger freescale 40b

 
 

NXP nears deal to acquire Freescale Semiconductor: source

2015-03-02 15:48:12| Semiconductors - Topix.net

NXP Semiconductors NV is close to a deal to acquire smaller peer Freescale Semiconductor Ltd. in a $40-billion cash and stock merger that will reshape the semiconductor industry, according to two people familiar with the matter. NXP Semiconductors NV is close to a deal to acquire smaller peer Freescale Semiconductor Ltd. in a $40-billion cash and stock merger that will reshape the semiconductor industry, according to two people familiar with the matter.

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NXP acquiring Freescale for $11.8B; shooting for N 1 automotive semiconductor supplier

2015-03-02 12:55:29| Green Car Congress

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NXP, Freescale Semiconductor agree merger

2015-03-02 08:06:00| Telecompaper Headlines

(Telecompaper) NXP Semiconductors and Freescale Semiconductor have agreed a merger creating a new chipmaker with over USD 10 billion in annual sales. The new company will be market leader in automotive semiconductors and general purpose microcontroller products, while also holding a strong portfolio in growth areas such as security, connectivity and processing. Synergies from the merger are expected to lead to cost savings of USD 200 million in the first year and USD 500 million by completion of the integration. Under the terms of the agreement, Freescale shareholders will receive USD 6.25 in cash and 0.3521 of a NXP ordinary share for each Freescale common share held at the close of the transaction. This price values Freescale at USD 11.8 billion, based on NXP's most recent share price, and and a total enterprise value of USD 16.7 billion including Freescale's net debt. Subject to regulatory and shareholder approval, the transaction is expected to close in the second half of 2015. NXP will fund the deal with USD 1.0 billion of cash on hand, USD 1.0 billion of new debt and 115 million NXP shares. After the takeover, Freescale shareholders will own 32 percent of the combined company.

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