Davis Polk Aids TE Connectivity's $2B Deutsch Group Buy

Law360, New York (November 29, 2011, 10:22 PM EST) -- Swiss electronic connectors maker TE Connectivity Ltd. will acquire French electronic equipment company Deutsch Group SAS in a €1.6 billion ($2.1 billion) deal, the companies announced Tuesday.

Through exclusive negotiations with French investment company Wendel SA, which acquired Deutsch in 2006, TE Connectivity will expand its role in the connectivity products market, particularly for products in harsh environments such as industrial transportation and equipment, aerospace and defense, and offshore oil and gas, the company said.

"The acquisition of Deutsch is a major step in executing our...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.