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AEIS - Advanced Energy Industries Inc News Story

$59.23 -0.8  -1.3%

Last Trade - 18/09/20

Sector
Technology
Size
Mid Cap
Market Cap £1.76bn
Enterprise Value £1.72bn
Revenue £904.9m
Position in Universe 1698th / 6396

BRIEF-Advanced Energy Acquires High Voltage Power Company

Thu 1st February, 2018 1:30pm
Feb 1 (Reuters) - Advanced Energy Industries Inc  AEIS.O : 
    * ADVANCED ENERGY ACQUIRES HIGH VOLTAGE POWER COMPANY 
    * ADVANCED ENERGY INDUSTRIES INC - FURTHER TRANSACTION TERMS 
WERE 
NOT DISCLOSED. 
    * ADVANCED ENERGY INDUSTRIES INC - UNDER TERMS OF 
AGREEMENT, 
ADVANCED ENERGY ACQUIRED COMPANY IN ALL-CASH TRANSACTION FOR 
APPROXIMATELY $12 MILLION 
    * ADVANCED ENERGY INDUSTRIES INC - ACQUISITION IS EXPECTED 
TO BE 
IMMEDIATELY ACCRETIVE TO EARNINGS 
 
Source text for Eikon:  ID:nGNXOMVCOa  
Further company coverage:  AEIS.O  
 
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