Belden Inc. (BDC) Sells Consumer Electronics Assets in China for $43.3M

Article Related Press Releases (1) Stock Quotes (1) Comments (0)

Belden Inc. (NYSE: BDC), a global leader in signal transmission solutions for mission-critical applications, today announced that it completed the sale of its consumer electronics assets in China to Shenzhen Woer Heat-Shrinkable Material Co., Ltd. for consideration of approximately $43.3 million.

This announcement has no impact on the 2013 guidance provided at the company’s Investor and Analyst Day event on December 11, 2012, which contemplated the closure of this transaction.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: Sprint (S) to Raise Offer for Clearwire (CLWR) - DJ
• Pfizer (PFE) to Split Off Remaining Interest in Zoetis (ZTS)
• Saks (SKS) Surges on Report of Possible Sale

Create E-mail Alert Related Categories

Mergers and Acquisitions

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?