Deals
Germany’s First Sensor Receives Offer From TE Connectivity
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First Sensor AG said it received an offer from TE Connectivity Ltd.
“First Sensor has received a legally non-binding expression of interest with an indicative offer price of approximately 28 euros per share,” the company said in a statement after Bloomberg News reported on the talks. That’s a 14% premium on its closing price of 24.65 euros on Friday.