Bulletin
Investor Alert

Market Pulse Archives

Jan. 29, 2018, 4:19 p.m. EST

Renesas in talks to acquire Maxim Integrated for close to $20 billion: report

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Renesas Electronics Corp. (6723)
  • X
    Maxim Integrated Products Inc. (MXIM)
  • X
    S&P 500 Index (SPX)

or Cancel Already have a watchlist? Log In

By Max A. Cherney

Japan-based Renesas Electronics Corp. /zigman2/quotes/203872935/delayed JP:6723 +2.53% is in discussions to buy Maxim Integrated Products Inc. /zigman2/quotes/201861354/composite MXIM +3.80% for what could be near $20 billion, CNBC reported late Monday. Maxim stock rose 12.6% to $66.43 during the regular session and was up nearly 1% to $67 after hours. Citing anonymous sources CNBC reported the talks aren't close to completion and a deal may not fall into place. Investors value Maxim at $16.61 billion by market capitalization. Maxim stock is up 62% this year, as the S&P 500 index /zigman2/quotes/210599714/realtime SPX +1.61% has gained 25%.

/zigman2/quotes/203872935/delayed
JP : Japan: Tokyo
¥ 770.00
+19.00 +2.53%
Volume: 6.41M
Sept. 28, 2020 3:00p
P/E Ratio
47.02
Dividend Yield
N/A
Market Cap
¥1293.36 billion
Rev. per Employee
¥36.92M
loading...
/zigman2/quotes/201861354/composite
US : U.S.: Nasdaq
$ 68.02
+2.49 +3.80%
Volume: 2.46M
Sept. 28, 2020 4:00p
P/E Ratio
28.22
Dividend Yield
0.00%
Market Cap
$17.49 billion
Rev. per Employee
$349,295
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,351.60
+53.14 +1.61%
Volume: 2.22B
Sept. 28, 2020 5:06p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.