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Delta to enhance cooperation with Artesyn.
Taipei, Jan. 25, 2002 (CENS)--Delta Electronics Inc. will enhance cooperation with the U.S.-based Artesyn Co., the world's fifth-largest producer of power supplies, following a recent US$50 million investment by of Delta president C.H. Cheng in Artesyn
Cheng purchased the stake in bonds convertible to common shares in the next five years. At that time, Delta will hold a 15% equity stake in Artesyn. The cooperation will initially focus on product distribution and …
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