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IFNNY Infineon Technologies AG (QX)

36.84
0.38 (1.04%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Infineon Technologies AG (QX) USOTC:IFNNY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.38 1.04% 36.84 36.53 36.95 37.25 36.578 36.71 129,583 21:00:30

Infineon Aims for Up to EUR3 Billion in Acquisitions, Focus Money Reports

31/05/2023 1:25pm

Dow Jones News


Infineon Technologies (QX) (USOTC:IFNNY)
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From Jun 2022 to Jun 2024

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-- Infineon is aiming to conclude acquisitions for a total of up to 3 billion euros ($3.22 billion) in order to further progress its growth course, the company's chief financial officer Sven Schneider said in an interview in Focus magazine's Money section.

-- The German chip maker currently has liquidity of almost EUR3.5 billion, but it isn't on course to make big acquisitions, the executive told Focus. It will rather focus on small and medium-sized ones, in the neighborhood of EUR1 billion to EUR3 billion, Schneider said.

 

Link to the magazine, in German: https://shorturl.at/ajvDT

 

Write to Cecilia Butini at cecilia.butini@wsj.com

 

(END) Dow Jones Newswires

May 31, 2023 08:10 ET (12:10 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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