Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Heroux-Devtek ( (TSE:HRX) ) has issued an update.
Héroux-Devtek has announced the acquisition by Platinum Equity has received all necessary regulatory approvals, including the foreign direct investment approval from the Spanish Council of Ministers. With the required approvals in place, the company expects to complete the arrangement by February 11, 2025, signaling a significant step forward in its strategic operations.
More about Heroux-Devtek
Héroux-Devtek Inc. is an international manufacturer specializing in aerospace products, with a focus on the design, development, manufacturing, repair, and overhaul of aircraft landing gear, hydraulic and electromechanical actuators, custom ball screws, and fracture-critical components. As the third-largest landing gear company globally, it serves both the defense and commercial sectors, with significant sales in the United States and facilities in Canada, the United States, the United Kingdom, and Spain.
YTD Price Performance: -0.31%
Average Trading Volume: 29,402
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.07B
For detailed information about HRX stock, go to TipRanks’ Stock Analysis page.
