Hints and tips:
...If only all oligarchies were as benign as Molex’s. The maker of electronic connectors has a three-class share structure. The A shares, which represent over half the total, have no voting rights....
...Molex was advised by William Blair & Company and BDT & Company. Dentons acted as Molex’s legal adviser and Latham & Watkins represented Koch....
...A deal in the US highlighted the dilemma of dual class share structures when Koch Industries paid $7.2bn for electronic component maker Molex....
...This compares with industry peers such as Amphenol, which had a gross margin of 32.6 per cent, Molex’s 30.3 per cent, and Tyco’s 37.7 per cent....
...Two managers at the French factory of Molex, the US connectors group, were jostled and bruised as they walked away from their 26-hour ordeal last month (and another Molex manager received death threats...
...In technology, Molex, the electrical parts maker, surged 15.2 per cent to $28.56, VMware, the software company, gained 4.9 per cent to $60.84 and Broadcom, which makes chips for Nintendo’s Wii video-game...
...Molex , the maker of electromechanical components lowered guidance for its fiscal fourth quarter - ending in June - and its share price declined 2.1 per cent to $30.86....
...Earnings worries were fanned when manufacturing companies Molex and Schnitzer Steel, andTellabs issued profit warnings on Monday....
...Manufacturing companies Molex and Schnitzer Steel also issued profit warnings. Molex fell 5.6 per cent to $29.06, and Schnitzer slid 8.1 per cent to $34.66....
International Edition