Advanced Energy Discloses New Offer To Acquire XP Power; Is The Latest Proposal Enticing Enough?
Advanced Energy Discloses New Offer To Acquire XP Power; Is The Latest Proposal Enticing Enough?
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.
先进能源工业公司（纳斯达克股票代码：AEIS）披露了以每股19.50英镑现金收购XP Power Ltd.（场外交易代码：XPPLF）全部已发行和待发行股份的提议。
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.
该提案显示，截至2024年5月20日（本公告前的最后一个工作日），XP Power的收盘股价为11.64英镑，溢价68％，较截至5月20日的30个交易日成交量加权平均价格10.74英镑高出82％。
Also, the proposal reflects a 76% premium to XP Power's closing share price on the trading day before the May 7 proposal of £19.50 per share was submitted to the XP Power board.
此外，该提案还反映了XP Power在5月7日向XP Power董事会提交每股19.50英镑的提案之前的交易日XP Power的收盘股价高出76％。
The total proposed consideration is £571 million, which is based on the diluted ordinary share count of 24.0 million, net debt of £103.4 million (as of March 31, 2024), and no further dividends to be declared or paid after this announcement.
拟议对价总额为5.71亿英镑，这是根据摊薄后的普通股数量为2400万英镑，净负债为1.034亿英镑（截至2024年3月31日）计算得出的，在此公告之后无需申报或支付进一步的股息。
Earlier, the company had submitted three all-cash proposals to the company, which the Board of XP Power rejected.
此前，该公司已向该公司提交了三份全现金提案，但XP Power董事会拒绝了这些提案。
On November 5, 2023, the company offered £18.50 per share in cash, valuing XP Power's equity at £369 million.
2023年11月5日，该公司发行了每股18.50英镑的现金，使XP Power的股权估值为3.69亿英镑。
Steve Kelley, the president and CEO of Advanced Energy said, "We believe that the proposed offer for XP Power provides compelling value for both Advanced Energy's and XP Power's shareholders. By expanding our portfolio of products and technologies, and combining our technical capabilities, we believe we will be better able to meet the growing needs of our customers."
Advanced Energy总裁兼首席执行官史蒂夫·凯利表示：“我们认为，XP Power的拟议报价为Advanced Energy和XP Power的股东提供了令人信服的价值。通过扩大我们的产品和技术组合，结合我们的技术能力，我们相信我们将能够更好地满足客户不断增长的需求。”
As of March 31, 2024, cash and cash equivalent stood at $1.02 billion.
截至2024年3月31日，现金和现金等价物为10.2亿美元。
Investors can gain exposure to the stock via Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) and Mid Cap US Equity Select ETF (NASDAQ:RNMC).
投资者可以通过景顺标普小盘股信息技术ETF（纳斯达克股票代码：PSCT）和中型股美国股票精选ETF（纳斯达克股票代码：RNMC）获得股票敞口。
Price Action: AEIS shares closed higher by 2.13% at $107.88 on Monday.
价格走势：周一，AEIS股价收盘上涨2.13％，至107.88美元。
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照片来自 Shutterstock
译文内容由第三方软件翻译。