Vishay Intertechnology To Acquire Nexperia's Newport Wafer Fab For ~$177M In Cash
Portfolio Pulse from Benzinga Newsdesk
Vishay Intertechnology is set to acquire Nexperia's Newport Wafer Fab for approximately $177 million in cash. Meanwhile, a report from Preqin indicates that the majority of investors plan to maintain or increase their allocation to alternative investments over the longer term.
November 08, 2023 | 1:12 pm
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Vishay Intertechnology's acquisition of Nexperia's Newport Wafer Fab could potentially enhance its production capabilities and expand its market presence.
Acquisitions often provide companies with opportunities to expand their market presence and enhance their production capabilities. Given that Vishay Intertechnology is acquiring Nexperia's Newport Wafer Fab, it's likely that this move will have a positive impact on the company's operations and potentially its stock price in the short term.
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