TA: Strategic Acquisition Announced for Regional Expansion, Analyst Maintains Sell Rating
Financial News Report TA: Strategic Acquisition Announced for Regional Expansion, Analyst Maintains Sell Rating Key Information Details Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Malaysian Pacific Industries Berhad (MPI) has announced a proposal to acquire Infineon Technologies (Thailand) Ltd (IFTH) for USD78.0 million (approximately RM327.6 million). The acquisition…
