Infineon buys stake in 300mm unit

March 16, 2004 – Germany’s Infineon Technologies AG said it will acquire a 13% minority stake in its SC300 KG 300mm subsidiary in Dresden from Leipziger Messe and SC300 Beteiligungs for approximately 278 million euros ($341.2 million). The sale of the stake gives total control over the subsidiary to Infineon, which will finance the deal with a capital increase of roughly 27 million new shares.


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