Cohort plc (GB:CHRT) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Cohort plc has announced the acquisition of EM Solutions, an Australian firm specializing in advanced naval satellite communications, for AUD$144 million. This strategic move aims to expand Cohort’s presence in the fast-growing naval SATCOM market and enhance its offerings across the UK, Europe, Asia, and South America. The acquisition is expected to boost earnings per share from the first full financial year of ownership.
For further insights into GB:CHRT stock, check out TipRanks’ Stock Analysis page.
