Celestica Acquires Primetech and Omni; Partners with SAGEM SA.Celestica Inc. (Toronto, Ontario, Canada) has entered into an agreement with Primetech Electronics, Inc. (Kirkland, Quebec Kirkland is a municipality on the Island of Montreal in southwestern Quebec, Canada. As of October 2005, the population was 21,735. It is named after Dr. Charles-Aimé Kirkland, a Quebec provincial politician. , Canada), an electronics manufacturing services Electronic manufacturing services (EMS) is term used for companies that design, test, manufacture, distribute and provide return/repair services for electronic component and assemblies for original equipment manufacturers (OEMs). (EMS) provider. The agreement between the companies provides for the acquisition by Celestica of all outstanding shares of Primetech. Under the transaction, each outstanding common share of Primetech will be exchanged for 0.22 subordinate voting shares Voting Shares Shares that give the stockholder the right to vote on matters of corporate policy making as well as who will compose the members of the board of directors. Notes: Different classes of shares, such as preferred stock, sometimes don't allow for voting rights. of Celestica. The total transaction value, including consideration for shares, stock options and assumption of debt, is approximately Cdn.$265 million. Celestica has also entered into an agreement with Omni Ltd. (Singapore), an EMS provider, for the acquisition by Celestica of all outstanding shares of Omni. Under the agreement, Omni shareholders will be entitled to receive 0.045 subordinate voting shares of Celestica for each Omni share. The total transaction value, including consideration for shares, stock options and assumption of net debt, is approximately US$890 million. Finally, Celestica announced an agreement with SAGEM SAGEM Societe d'Applications Generales d'Electricite et de Mecanique SA (Paris, France), a technology group with a business focus on the communications, automotive and defense industries. As part of the arrangement, Celestica has signed an agreement to acquire SAGEM CR s.r.o. (Kladno, Czech Republic), a subsidiary of SAGEM SA. The deal positions Celestica as SAGEM's primary EMS provider and includes a three-year supply agreement, worth approximately US$500 million in total revenue over the course of three years. http://www.circuitsassembly.com/ Copyright [copyright] 2001 CMP CMP (cytidine monophosphate): see cytosine. (1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information Media LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control |
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