ST Engineering Unit To Acquire Nera Telecom For $141M

by Monica Gerson, Benzinga Staff Writer
February 13, 2012 5:09 AM | 11 seconds read |
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Singapore Technologies Engineering Ltd
SGGKY
reported that its unit Singapore Technologies Electronics will buy Nera Telecommunications Ltd for S$141 million. Nera shareholders will receive an aggregate cash amount of S$0.45 per share.
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