Infineon Technologies AG (IFXGn.DE)
FRANKFURT Infineon Technologies raised 1.545 billion euros ($1.74 billion) in an accelerated capital increase to help fund the cost of its planned acquisition of Cypress Semiconductor, it said late on Monday.
* Funds to be used to pay for Cypress Semi deal (Adds final price of placement, shares)
FRANKFURT, June 17 Infineon Technologies said on Monday it was launching an accelerated capital increase to raise 1.5 billion euros ($1.68 billion) towards the cost of its planned acquisition of Cypress Semiconductor.
New York The Nasdaq tumbled 1.6% on Monday, confirming a correction as it was dragged down by Alphabet, Facebook and Amazon.com on fears the companies are the targets of U.S. government antitrust regulators. | Video
LONDON Banks including Morgan Stanley and JP Morgan are set for a $95 million windfall, their most lucrative payday so far this year for a deal involving a European company, after Infineon's swoop on Cypress Semiconductor.
LONDON, June 3 Banks including Morgan Stanley and JP Morgan are set for a $95 million windfall, their most lucrative payday so far this year for a deal involving a European company, after Infineon's swoop on Cypress Semiconductor.
European shares recovered from early losses to end Monday higher as gains in healthcare stocks helped head off weakness in trade-sensitive sectors like technology after the latest twist in the U.S.-China trade war.
* Infineon clocks over 2-1/2 year closing low on Cypress deal
* U.S. manufacturing activity grows at slowest in 2-1/2 years
FRANKFURT Germany's Infineon has agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, in an expensive move by Europe's largest chip-maker to expand further in next-generation automobiles and Internet technologies. | Video