Singapore: Materion to acquire Heraeus, Singapore assets under negotiation

Singapore: Materion to acquire Heraeus, Singapore assets under negotiation

NYSE-listed Materion Corporation will be acquiring the principal portion of the high-performance target materials business of the Heraeus Group of Hanau, Germany. The acquisition is expected to be consummated in Q1 2017, subject to tregulatory approvals and customary closing conditions. Negotiations for Heraeus’ magnetic data storage business in Singapore continue and are not included in the acquisition terms that have been announced to date.

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