tiprankstipranks
Trending News
More News >

Amper S.A. Acquires Full Ownership of Elinsa

Story Highlights
Amper S.A. Acquires Full Ownership of Elinsa

Confident Investing Starts Here:

An update from Amper SA ( (ES:AMP) ) is now available.

Amper S.A. has signed a contract to acquire the remaining 49% stake in its subsidiary, Electrotécnica Industrial Naval, S.L. (Elinsa), which it did not previously control. This acquisition aligns with Amper’s strategy of inorganic growth by incorporating partners into its common project, thereby strengthening its industrial base. The transaction involves a combination of cash and share issuance, with Amper becoming the sole owner of Elinsa, enhancing its market positioning and operational capabilities.

More about Amper SA

YTD Price Performance: 31.82%

Average Trading Volume: 80,389

Technical Sentiment Signal: Sell

Current Market Cap: €214.8M

For an in-depth examination of AMP stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1