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VLX — Volex News Story

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Brief: Volex Buys Remaining 64.3% Of Kepler SignalTek, Takes Ownership To 100%

BRIEF-Volex Buys Remaining 64.3% Of Kepler SignalTek, Takes Ownership To 100%

- Volex PLC VLX.L:

  • VOLEX PLC - ACQUISITION OF REMAINING STAKE IN KEPLER SIGNALTEK

  • VOLEX - BUYS REMAINING 64.3% OF KEPLER SIGNALTEK, TAKES OWNERSHIP TO 100%

  • VOLEX - DEAL VALUED UP TO $89.4 MILLION WITH $74.7 MILLION INITIAL CASH, $14.7 MILLION DEFERRED

  • VOLEX - ACQUISITION EXPECTED TO BE IMMEDIATELY EARNINGS ENHANCING AND IMPROVE UNDERLYING OPERATING MARGIN

Source text: ID:nRSN2716Ma

Further company coverage: VLX.L


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

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