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Deal snapshot: TYCO ELECTRONICS GETS EU NOD TO BUY US ADC(M&A Navigator Via Acquire Media NewsEdge) Swiss engineered electronic components maker Tyco Electronics (NYSE:TEL) received approval from the European Union's antitrust authorities for its proposed USD1.25bn (EUR938m) acquisition of US ADC (NASDAQ:ADCT), a provider of broadband communications network infrastructure products. Country: , USA Sector: Telecommunications Target: ADC Telecommunications Buyer: Tyco Electronics Ltd Deal size in USD: 1.25bn Type: Corporate acquisition Status: Agreed Comment: EU approves deal. ((Comments on this story may be sent to [email protected])) (c) 2010 M2 COMMUNICATIONS [ Back To TMCnet.com's Homepage ] |