Cicor Technologies Ltd. (SWX:CICN) has reached an agreement to acquire Business Units in Hartlepool and Cardiff, UK and Dongguan, China of TT Electronics plc from TT Electronics plc (LSE:TTG) for £20.8 million on March 4, 2024. Cash consideration of £20.8 million on a cash and debt free basis, subject to normal completion account adjustments. The Transaction is expected to complete by the end of Q1 2024 subject to the completion of certain organization restructuring steps.
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176 GBX | +1.15% | +5.71% | +12.68% |
Apr. 09 | TT Electronics sets out revenue targets and eyes net zero by 2030 | AN |
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Stocks mentioned in the article
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Capi.
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176 GBX | +1.15% | +5.71% | 388M | ||
49.6 CHF | +0.81% | -1.59% | 175M | ||
EPS Revisions
1st Jan change | Capi. | |
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+12.68% | 388M | |
+21.55% | 72.37B | |
-4.21% | 34.41B | |
-16.43% | 28.52B | |
-7.17% | 14.26B | |
-13.03% | 9.92B | |
+5.83% | 9.52B | |
+71.16% | 8.54B | |
+26.49% | 8.36B | |
+69.91% | 8.21B |
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- Cicor Technologies Ltd. has reached an agreement to acquire Business Units in Hartlepool and Cardiff, UK and Dongguan, China of TT Electronics plc from TT Electronics plc for £20.8 million.