German chipmaker Infineon raises 1.06 billion euros with capital increase

BERLIN (Reuters) - German chipmaker Infineon Technologies raised about 1.06 billion euros (941 million pounds) by issuing new shares to partially finance its $10 billion acquisition of U.S.-based Cypress Semiconductor, it said on Tuesday.Infineon said its share capital would be raised by about 4% after a private placement with institutional investors, adding that the shares were priced at 19.30 euros apiece. The company closed the acquisition of Cypress Semiconductor in April, coupling its own..