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XP Power rejects £468m takeover proposal from Advanced Energy

By Michele Maatouk

Date: Tuesday 21 May 2024

(Sharecast News) - Advanced Energy said on Tuesday that it has made three possible all-cash offers for XP Power, the last of which valued the group at £468m.
The Colorado-based company made an initial offer at 1,700p per share, or £339m, in October 2023. In November of the same year, it...

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