Report in the Infineon-Qimonda legal dispute: Value of the storage business brought in at -1 billion euros

Report in the Infineon-Qimonda legal dispute: Value of the storage business brought in at -1 billion euros

According to a report by www.finanzen.net, the expert presented his report in the legal dispute between the chip manufacturer Infineon and the Qimonda insolvency administrator. Infineon reported that the value of the storage business brought by Infineon into Qimonda is a good minus one billion euros, while the value of the contributions in kind is stated in the announcement as plus 600 million euros. The insolvency administrator claims that the storage business was not valuable and is suing for reimbursement of the difference in the issue price of the shares issued to Infineon as part of the spin-off from Qimonda. In XETRA trading, Infineon's share price reacted with a temporary decrease of 1.65 percent to 35.24 euros.

According to the expert's report and the alleged claims of the insolvency administrator, Infineon could be faced with a financial liability of around one billion euros. This could result in a significant loss of value for the company and affect investor confidence. If the insolvency administrator's claims are confirmed in court, this could also lead to a possible lowering of Infineon's credit rating, which could have an impact on the prices of the company's bonds. Furthermore, this could also impact active trading activities in the market for Infineon shares. It is therefore important to closely monitor the developments in this legal dispute and the financial impact for Infineon.