April 5, 2018 / 4:06 PM / 4 months ago

BRIEF-Mersen Acquires The Remaining Capital Of Cirprotec

April 5 (Reuters) - MERSEN SA:

* ACQUIRES THE REMAINING CAPITAL OF CIRPROTEC TO ACCELERATE ITS DEVELOPMENT IN POWER QUALITY PRODUCTS AND SOLUTIONS‍​

* OPERATION WILL BE IMMEDIATELY ACCRETIVE TO BASIC EARNINGS PER SHARE

* OPERATION TO INCREASE GROUP NET DEBT BY APPROXIMATELY €10 MILLION, INCLUDING ESTIMATED POTENTIAL EARN-OUT Source text: bit.ly/2uQaevt Further company coverage: (Gdynia Newsroom:)

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