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Flextronics completes share offering

NEW YORK—Flextronics International Ltd. announced its 20 million-share offering is complete.

Flextronics sold the shares for $25.96 each, bringing in gross proceeds of $519.2 million, which it said will be used for general corporate purposes, including working capital, capital spending and strategic acquisitions. The financing will not have affect the company’s rating or outlook, according Standard & Poor’s.

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