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…
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Hostmore plc proposes to acquire TGI Fridays Inc. for £177 million
LONDON, UK: Hostmore plc has reached agreement on a non-binding basis for a proposed all-share acquisition of TGI Fridays Inc. TGI Fridays is the global hospitality business that owns the American-themed casual dining brand “TGI Fridays” which is the Company’s franchisor. TGI Fridays primarily operates through franchising and licensing agreements in the US and in…
Wesfarmers proposes to acquire Australian Pharmaceutical Industries for $687 million
SYDNEY, AUSTRALIA: Wesfarmers Ltd has submitted a non-binding, indicative offer to acquire 100 percent of the shares outstanding in Australian Pharmaceutical Industries (API) for $1.38 per share by way of a scheme of arrangement, a news release said. The proposal price corresponds to a total equity value for Australian Pharmaceutical Industries (API) of approximately $687…