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Advanced Energy Discloses New Offer To Acquire XP Power; Is The Latest Proposal Enticing Enough?

Summary

AEIS proposes to acquire XP Power for £19.50 per share in cash, which is a 68% premium to XP Power's closing share price on May 20, 2024. AEIS's CEO believes the deal will benefit both shareholders and customers.

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Article published on May 21, 2024 by benzinga