WORST IS OVER; DEBT FREE READY FOR ACQUISITION:
Tuesday August 4, 03:02 PM
BRIEF-Infineon says wants to take part in sector consolidation
FRANKFURT, Aug 4 (Reuters) - Infineon (Xetra: 623100 - news) :
* CFO says liabilities were around 1 billion EUR at end Q3, including bonds at
nominal value of 570 million EUR, will be debt-free after cap hike, sale of
wireline unit
* CEO says company will be in position to take part in semiconductor sector
consolidation thanks to cash position
* CEO says can assume that the quarter ended March was the worst quarter this
year
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