Flextronics (FLEX) Tops Q4 EPS by 2c; Will Acquire Mirror Controls International

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Flextronics To Further Expand Its Automotive Offering And Customer Portfolio Through Strategic Acquisition Of Mirror Controls International

April 29, 2015 4:02 PM EDT

SAN JOSE, Calif., April 29, 2015 /PRNewswire/ -- Flextronics (NASDAQ: FLEX) announced today that it has entered into a definitive agreement to acquire Mirror Controls International (MCi) from private equity firm Egeria in an all cash transaction valuing its share capital at 457 million ($494 million USD*). Based in Woerden, the Netherlands, and with three highly automated manufacturing facilities in China, Mexico, and Ireland, MCi is a leading global manufacturer of glass and powerfold mirror actuators in the automotive market and generated approximately 200 million ($216 million USD*) in revenue over the past twelve months,... More

Flextronics Reports Fourth Quarter And Fiscal 2015 Results

April 29, 2015 4:01 PM EDT

SAN JOSE, Calif., April 29, 2015 /PRNewswire/ -- Flextronics (NASDAQ: FLEX), a leading end-to-end supply chain solutions company, today announced results for its fourth quarter and fiscal year ended March 31, 2015:

(US$ in millions, except EPS)

Three Month Periods Ended

Twelve Month Periods Ended

... More