TE Connectivity Ltd. (NYSE: TEL), which designs and builds electronic components, is considering options for its medical contract manufacturing business, including a sale that could value the operations at more than $2 billion, according to people with knowledge of the matter. The Schaffhausen, Switzerland-based company is working with an adviser to run an auction process for the business, which makes products including specialty needles and metal tubing for the medical industry, according to the people, who asked not to be identified because they aren?t authorized to speak publicly.
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5-day change | 1st Jan Change | ||
147.4 USD | -2.13% |
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-1.22% | +4.88% |
Jun. 12 | TE Connectivity Shareholders Approve Merger With Unit | MT |
May. 24 | Evercore ISI Adjusts Price Target on TE Connectivity to $175 From $160 | MT |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
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+4.88% | 45.01B | |
+211.39% | 5.92B | |
-11.38% | 2.54B | |
-14.89% | 2.44B | |
+146.90% | 1.56B | |
-24.50% | 1.21B | |
-8.15% | 1B | |
+49.43% | 953M | |
-13.16% | 929M | |
+0.52% | 905M |
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