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AEIS - Advanced Energy Industries Inc News Story

$60.44 1.0  1.7%

Last Trade - 4:45pm

Sector
Technology
Size
Mid Cap
Market Cap £1.79bn
Enterprise Value £1.75bn
Revenue £918.0m
Position in Universe 1680th / 6389

BRIEF-Advanced Energy Signs Agreement To Acquire Lumasense

Mon 30th July, 2018 10:00pm
July 30 (Reuters) - Advanced Energy Industries Inc  AEIS.O :
    * ADVANCED ENERGY SIGNS AGREEMENT TO ACQUIRE LUMASENSE
    * ADVANCED ENERGY SIGNS AGREEMENT TO ACQUIRE LUMASENSE
    * ADVANCED ENERGY INDUSTRIES INC - TRANSACTION IS EXPECTED
TO BE
IMMEDIATELY ACCRETIVE ON A NON-GAAP BASIS
    * ADVANCED ENERGY INDUSTRIES INC - SHAREHOLDERS OF LUMASENSE
WILL
RECEIVE CASH IN AGGREGATE AMOUNT OF $85 MILLION ON A DEBT FREE
BASIS

Source text for Eikon:  ID:nGNX29zHd 
Further company coverage:  AEIS.O 

 ((Reuters.Briefs@thomsonreuters.com;))
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