China clears Tyco Electronics’ acquisition of ADC

DECEMBER 5, 2010 -- Tyco Electronics Ltd. has received notification that the Ministry of Commerce of the People's Republic of China, which is responsible for the review of acquisition transactions under the Antimonopoly Law and its implementing regulations, has cleared the company's proposed acquisition of ADC Telecommunications Inc.

Dec 5th, 2010

DECEMBER 5, 2010 -- Tyco Electronics Ltd. has received notification that the Ministry of Commerce of the People's Republic of China, which is responsible for the review of acquisition transactions under the Antimonopoly Law and its implementing regulations, has cleared the company's proposed acquisition of ADC Telecommunications Inc.

Tyco Electronics' tender offer for shares of ADC is scheduled to expire at 5 p.m., New York City time on Wednesday, Dec. 8, 2010. The company expects the transaction to close in the current quarter.

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