COSTA MESA, CA, AND ST. LOUIS -- TTM Technologies and Viasystems today announced that they have each received a second request from the US Federal Trade Commission for additional information associated with TTM's proposed acquisition of Viasystems.

The request was issued under notification requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

The effect of the second request is to extend the waiting period imposed by the HSR Act until 30 days after TTM and Viasystems have substantially complied with the FTC's second request, unless that period is extended voluntarily by the parties or terminated sooner by the FTC.

Both companies intend to cooperate fully with the FTC's review, the firms said.

In addition to obtaining FTC clearance, the proposed transaction remains subject to approval by the Committee on Foreign Investment in the US and the Ministry of Commerce of China, as well as other customary closing conditions.

TTM and Viasystems continue to expect the transaction to close in the first half of 2015.

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