Breaking News - Infineon is not vulnerable to takeovers: CEO in Boersen-Zeitung
Breaking News - Infineon is not vulnerable to takeovers: CEO in Boersen-Zeitung
FRANKFURT (Reuters) - German chipmaker Infineon does not see itself as vulnerable to a takeover despite mega-mergers in the sector led by Broadcom’s $103 billion offer for Qualcomm, its chief executive told Germany’s Boersen-Zeitung. “Infineon is not a primary takeover target,” Reinhard Ploss told the markets daily in an interview published on Saturday. “We communicate externally very clearly that we can and want to stand on our own two feet.” “My impression is that this is very well understood ...
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