Héroux-Devtek Acquisition Approved by Shareholders
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Héroux-Devtek Acquisition Approved by Shareholders

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Heroux-Devtek (TSE:HRX) has released an update.

Héroux-Devtek, a global aerospace product manufacturer, has received overwhelming shareholder approval for its acquisition by an affiliate of Platinum Equity. The arrangement is pending customary closing conditions and regulatory approvals, with completion expected before the end of the fiscal year 2025. This acquisition could significantly impact the aerospace industry and Héroux-Devtek’s market position.

For further insights into TSE:HRX stock, check out TipRanks’ Stock Analysis page.

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