Framatome launches offer to buy Berg

Article Abstract:

Framatome SA launched an agreed $1.85 billion takeover bid for Berg Electronics Corp. Framatome Connectors International, a wholly owned unit of Framatome, is offering $35 a share in cash for all of Berg. The deal will make Framatome Connector International the second largest connector company in the world. Framatome entered the connector business in the late 1980s to make up for the slowdown in the nuclear power plant market.

United States, Asset sales & divestitures, Acquisitions & mergers, Electronic Connector Manufacturing, Connectors NEC, Electronic connectors, Framatone S.A., Article, Berg Electronics Corp.

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Asian quake's telecom disruption exposes global networks' fragility

Article Abstract:

The vulnerability of Asia's telecommunication systems was highlighted recently, when an earthquake in Taiwan disrupted servces in Asia and the Pacific region. With increasing numbers of foreign companies outsourcing in Asia, the reliability of its telecommunications services is of major importance.

Communications, Broadcasting and Telecommunications, Telephone Communication, Communications Equipment, Asia, Public affairs, Services discontinued, Social aspects, Economic aspects, Telecommunications services industry, Telecommunications industry, International aspects, Environmental aspects, Communications industry, Telecommunication systems, Earthquake damage, Service discontinuation

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