September 23, 2019

Advertise with us
HOME NEWS Distributor › Avnet confirmed as Horizon suitor

Avnet confirmed as Horizon suitor

Distribution giant Avnet plans to snap up Horizon Technology Group for €101.3m (US$159m) cash. The offer, which works out at €1.18 per share, represents a massive 153.8% premium on Horizon shares closing price of €0.465 the day before the offer was acknowledged. Horizon’s directors are unanimously recommending that shareholders accept the Avnet offer, which values Horizon at a price-earnings ratio of 17.2 based on full year 2007 after tax profits. Read full story

by Stuart Wilson, Friday 18 April 2008

Print this page  Recommend this article  Reply to this article    Del.icio.us   Digg   Technorati
Post a message

September, 2019
MonTueWedThuFriSatSun
      1
2345678
9101112131415
16171819202122
23242526272829
30      


Advertise with us

Login


Register here

Press Releases

Upload your PR here

Advertise with us