meadville-sells-circuit-board-business-to-ttm-technologies

Meadville sells circuit board business to TTM Technologies

Hong Kong-listed Meadville sells its printed circuit board business to TTM Technologies and its laminates business to its controlling shareholder, netting shareholders $880 million.

Sameera Anand

November 17, 2009

Hong Kong-based Meadville Holdings has sold its printed circuit board (PCB) business to California-based TTM Technologies for $521 million in cash and stock. Meadville also sold its laminates business to its largest shareholder, Tang Hsiang Chien, for $359 million.

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