By Reuters
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FRANKFURT (Reuters) - German chipmaker Infineon said on Thursday it expected to meet its thrice-lowered guidance for the business year to Sept. 30 as it reported fiscal third-quarter sales and profit that were in line with market expectations.
Munich-based Infineon, which in June agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, said the deal was on track to close either towards the end of this calendar year or in early 2020.
(Reporting by Douglas Busvine; Editing by Michelle Martin)
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