News Article
IQE confirms potential acquisition
The firm has remained tight lipped about the prospective purchase
IQE plc. has made a statement regarding recent press articles and confirms that it is in advanced discussions regarding a potential significant acquisition.
The firm is evaluating the financing options, which include debt finance and equity finance. The pricing, sizing and terms of any equity financing will be subject to market conditions and demand.
There can be no certainty that any transaction will occur, or its terms and conditions.
IQE says it will update the market in due course.
