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

December 31, 2012 9:06 AM EST Send to a Friend
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.




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