Cohu Closes Sale of PCB Test Business to Mycronic
Cohu completed the $125.4 million sale of its printed circuit board test business to Swedish PCB assembly company Mycronic, said the seller Thursday. It plans to use the cash proceeds to pay down about $100 million in debt, it said.…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Cohu announced the sale in May.