Advanced energy announces possible all-cash offer to acquire xp power limited

Denver--(business wire)--advanced energy industries, inc. (nasdaq: aeis), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced a possible offer of £19.50 per share in cash to acquire the entire issued and to be issued shares of xp power limited (lse: xpp, “xp power”), after submitting three, all-cash, proposals to the board of xp power as set out below: on october 24, 2023, at £17.00 per share in cash, valuing xp power's equity at.
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