Advanced Energy Industries proposes to acquire XP Power Limited for £468 million

LONDON, UK: Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in precision power conversion, has made a public offer to acquire XP Power Limited (LSE: XPP). The offer, detailed in a series of escalating bids, culminated in a £19.50 per share cash proposal, valuing XP Power’s equity at a staggering £468 million. The journey…