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HEI - HEICO News Story

$138.19 -0.9  -0.7%

Last Trade - 11/05/21

Sector
Industrials
Size
Large Cap
Market Cap £12.40bn
Enterprise Value £12.78bn
Revenue £1.20bn
Position in Universe 655th / 6852

BRIEF-Heico Corp Subsidiary Acquires Highly Successful Pyramid Semiconductor

Mon 8th March, 2021 1:51pm
March 8 (Reuters) - HEICO Corp  HEI.N :
    * HEICO CORPORATION SUBSIDIARY ACQUIRES HIGHLY SUCCESSFUL
PYRAMID
SEMICONDUCTOR
    * HEICO CORP - ADDITIONAL TRANSACTION DETAILS WERE NOT
DISCLOSED
    * HEICO CORP - EXPECTS ACQUISITION TO BE ACCRETIVE TO ITS
EARNINGS
WITHIN A YEAR FOLLOWING CLOSING
    * HEICO CORP - DOES NOT EXPECT STAFF TURNOVER TO RESULT FROM
DEAL,
BUSINESS WILL CONTINUE TO OPERATE FROM ITS EXISTING SUNNYVALE,
CA FACILITY

Source text for Eikon:  ID:nBwbnWDyxa 
Further company coverage:  HEI.N 

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