Technoprobe S.p.A. (BIT:TPRO) signed a binding offer to acquire Harbor Electronics, Inc. from Shenzhen Fastprint Circuit Tech Co.,Ltd. for $50 million on July 3, 2023. Under the terms of the offer, which provides for an exclusivity period of 30 days to finalize and sign the final acquisition agreement, Technoprobe will pay a total amount of approximately $50 million net of any adjustments related to changes in the availability of cash of the target company. In the fiscal year ended at December 31, 2022, Harbor Electronics recorded revenues of approximately $52 million, a gross operating margin at approximately 16% and a net financial position of approximately $5 million.
Real-time
Other stock markets
|
5-day change | 1st Jan Change | ||
8.705 EUR | +13.05% | +11.32% | +0.69% |
14/05 | Technoprobe closes quarter with revenues up; NFP is positive | AN |
26/04 | European futures up; focus on U.S. PCE | AN |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
11.38 CNY | +0.98% | -4.53% | 2.65B | ||
8.705 EUR | +13.05% | +11.32% | 5.01B | ||
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+0.69% | 5.01B | |
+84.48% | 2,248B | |
+39.12% | 661B | |
+23.63% | 640B | |
+30.66% | 211B | |
+12.13% | 174B | |
+46.25% | 138B | |
-38.21% | 132B | |
+55.23% | 121B | |
+6.74% | 105B |
- Stock Market
- Equities
- TPRO Stock
- News Technoprobe S.p.A.
- Technoprobe S.p.A. has signed a binding offer to acquire Harbor Electronics, Inc. from Shenzhen Fastprint Circuit Tech Co.,Ltd. for $50 million.