Deal snapshot: Advanced Energy Closes Acquisition of SL Power to Enhance Power Conversion Products and Solutions.
MANews-(C)2009-2022
Denver, US-based power conversion company Advanced Energy (AE) (NASDAQ: AEIS) has closed the acquisition of California-based customised power solutions provider SL Power Electronics Corp. from Steel Partners Holdings L.P. (NYSE: SPLP) for USD 144.5m, the company said.
Under the deal, AE will pay a base purchase price of USD 144.5m, on a cash-free...
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