Announced
Financials
Sources
Tags
electrical equipment
Single Bidder
Cross Border
Private Equity
France
Electronic Equipment: Pollution Control
Friendly
Acquisition
Pending
Majority
Public
Disposal
Synopsis
HLD to acquire a 52.95% stake in Microwave Vision Group, designer, manufacturer and distributor of microwave test systems, from previous shareholders Eximium, BPI France and Seventure Partners for $200m. The deal is expected to complete by the end of 2020 and is subject to regulatory approval. On completion, HLD Europe plans to make a mandatory public takeover offer for the remaining shares at $30.6 apiece.
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