tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Amper SA Divests Subsidiary Aligning with Strategic Plan

Amper SA Divests Subsidiary Aligning with Strategic Plan

Amper SA (ES:AMP) has released an update.

Elevate Your Investing Strategy:

Amper SA has announced the successful sale of its Colombian subsidiary, ENERGY COMPUTER SYSTEMS S.A.S., to QEI, LLC for approximately $6 million, aligning with their Strategic and Transformation Plan for 2023-2026. This divestiture results in financial gains of about 3.7 million euros and cost savings for Amper, aiding in optimizing debt and fueling both organic and inorganic growth strategies.

For further insights into ES:AMP stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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