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AAC Technologies Holdings ( (HK:2018) ) has issued an announcement.
AAC Technologies Holdings Inc. has completed the second tranche of its acquisition of Acoustics Solutions International B.V., making it an indirect wholly-owned subsidiary. This strategic acquisition, finalized with a purchase price of US$128.6 million, is expected to enhance AAC Technologies’ capabilities in acoustic solutions, potentially strengthening its market position and offering new growth opportunities.
The most recent analyst rating on (HK:2018) stock is a Buy with a HK$34.00 price target. To see the full list of analyst forecasts on AAC Technologies Holdings stock, see the HK:2018 Stock Forecast page.
More about AAC Technologies Holdings
AAC Technologies Holdings Inc. operates in the technology sector, specializing in the design and production of miniaturized acoustic components. The company focuses on providing innovative solutions for the consumer electronics market, including mobile devices and wearables.
Average Trading Volume: 6,068,101
Technical Sentiment Signal: Buy
Current Market Cap: HK$50.27B
See more data about 2018 stock on TipRanks’ Stock Analysis page.