Brief: Advanced Energy To Acquire SL Power

Advanced Energy Industries

04/04/2022 12:02

April 4 (Reuters) - Advanced Energy Industries Inc  AEIS.O :
    * ADVANCED ENERGY TO ACQUIRE SL POWER
    * ADVANCED ENERGY INDUSTRIES INC - AE WILL PAY A BASE
PURCHASE
PRICE OF $144.5 MILLION
    * ADVANCED ENERGY INDUSTRIES INC - EXPECTS TO FINANCE
TRANSACTION
WITH CURRENTLY AVAILABLE CASH
    * ADVANCED ENERGY INDUSTRIES INC - DEAL EXPECTED TO BE
ACCRETIVE
TO NON-GAAP 2022 EARNINGS

Source text for Eikon:  ID:nBwbMsDVKa 
Further company coverage:  AEIS.O 

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