Heroux-Devtek (TSE:HRX) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Héroux-Devtek, the world’s third-largest landing gear manufacturer, has received court approval for its acquisition by Platinum Equity, satisfying a key condition for the proposed arrangement. The acquisition, which is also clear of any further action under the UK’s National Security and Investment Act, awaits additional regulatory approvals expected by the end of the fiscal year.
For further insights into TSE:HRX stock, check out TipRanks’ Stock Analysis page.