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SMTX - SMTC News Story

$6.04 0.0  0.0%

Last Trade - 01/04/21

Sector
Technology
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £291.1m
Position in Universe th / 7292

BRIEF-H.I.G. Capital Investing In Smtc Corporation To Support Customer Growth

Mon 4th January, 2021 1:56pm
Jan 4 (Reuters) - SMTC Corp  SMTX.O :
    * H.I.G. CAPITAL INVESTING IN SMTC CORPORATION TO SUPPORT
CUSTOMER
GROWTH
    * SMTC CORP - AFFILIATE OF H.I.G. WILL ACQUIRE ALL
OUTSTANDING
SHARES OF SMTC CORPORATION'S COMMON STOCK FOR $6.044 PER SHARE
IN CASH
    * SMTC CORP - BOARD OF DIRECTORS HAS UNANIMOUSLY APPROVED
MERGER
AGREEMENT AND RECOMMENDS THAT COMPANY'S STOCKHOLDERS ADOPT
MERGER AGREEMENT

Source text for Eikon:  ID:nGNXbxppXH 
Further company coverage:  SMTX.O 

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