XPPLF - Advanced Energy Discloses New Offer To Acquire XP Power; Is The Latest Proposal Enticing Enough? | Benzinga
Advanced Energy Industries, Inc. (NASDAQ:AEIS) disclosed a possible offer to acquire the entire issued and to be issued shares of XP Power Ltd. (OTC:XPPLF) for £19.50 per share in cash.
The proposal reflects a 68% premium to XP Power’s closing share price of £11.64 as of May 20, 2024 (the last business day before this announcement) and an 82% premium to 30-trading day volume weighted average price of £10.74 as of May 20.
Also, the proposal reflects a 76% premium to XP Power’s closing share price ...