TE Connectivity (TEL) Closes $2.05B Acquisition of Deutsch Group SAS

April 3, 2012 4:04 PM EDT
TE Connectivity Ltd. (NYSE: TEL) announced the completion of the acquisition of Deutsch Group SAS.

The transaction is valued at 1.55 billion euro (approximately $2.05 billion at current exchange rates) and is expected to be accretive to the Company's adjusted earnings by approximately $0.20 per share in fiscal 2013, excluding acquisition-related costs.


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