Advanced energy announces no intention to make an offer for 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, confirms further to its announcement of may 21, 2024, that it does not intend to make an offer for the shares of xp power limited (lse: xpp, “xp power”). advanced energy has sought to engage with the xp power board of directors, but the lack of any progress given relative expectations of value has prevented it from accessi.
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