Cyntec becomes wholly-owned subsidiary of Delta

Press release, December 21; Meiling Chen, DIGITIMES Asia Monday 21 December 2009 0

Delta Electronics announced the approval of Delta's issue of new capital to swap for outstanding shares of its subsidiary Cyntec at a shareholders' meeting on December 18. The exchange ratio between Delta and Cyntec shares is 1:1.07, meaning 1.07 Cyntec...

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