financetom
Business
financetom
/
Business
/
BRIEF-Azz Inc. Announces Definitive Agreement By Avail Infrastructure Solutions To Divest Electrical Products Business
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-Azz Inc. Announces Definitive Agreement By Avail Infrastructure Solutions To Divest Electrical Products Business
Mar 10, 2025 10:32 AM

March 10 (Reuters) - AZZ Inc ( AZZ ):

* AZZ INC. ( AZZ ) ANNOUNCES DEFINITIVE AGREEMENT BY AVAIL INFRASTRUCTURE SOLUTIONS TO DIVEST

ELECTRICAL

PRODUCTS BUSINESS

* AZZ INC ( AZZ ) - ANNOUNCES AVAIL TO SELL ELECTRICAL PRODUCTS BUSINESS FOR $975 MILLION

* AZZ INC ( AZZ ) - TO RETAIN 40% INTEREST IN AVAIL POST-SALE

* AZZ INC ( AZZ ): TO NOT ADJUST AZZ'S FISCAL YEAR 2026 EARNINGS GUIDANCE

Source text:

Further company coverage:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Abitibi Metals Reports Final Phase 1 Drilling Results from B26 Deposit in Quebec
Abitibi Metals Reports Final Phase 1 Drilling Results from B26 Deposit in Quebec
Jun 20, 2024
09:19 AM EDT, 06/20/2024 (MT Newswires) -- Abitibi Metals ( AMQFF ) reported Thursday the final results from phase-one drilling at the B26 polymetallic deposit in Quebec. According to a statement, highlights include 9.75 meters at 3.97% copper equivalent, 5.8 meters at 4.43% copper equivalent and 14 meters at 1.16% copper equivalent. We are very excited about the impact of...
GRI Bio Files Shelf for Common Stock Sale
GRI Bio Files Shelf for Common Stock Sale
Jun 20, 2024
09:19 AM EDT, 06/20/2024 (MT Newswires) -- GRI Bio ( GRI ) has filed a preliminary prospectus for an offering of an undisclosed amount of common shares and accompanying warrants to purchase common shares. The company said it plans to use the net proceeds from the offering for product candidate development activities and general corporate purposes. Shares of GRI Bio...
Huize Holding Acquiring Vietnam's Global Care Consulting
Huize Holding Acquiring Vietnam's Global Care Consulting
Jun 20, 2024
09:18 AM EDT, 06/20/2024 (MT Newswires) -- Huize Holding ( HUIZ ) said Thursday it is acquiring Vietnam-based insurance technology firm Global Care Consulting. Huize ( HUIZ ) said its international arm Poni Insurtech will acquire a controlling stake in Global Care by buying existing shares and through subscription of new shares in multiple closings. VinaCapital Ventures, a Vietnamese investor...
Mustang Bio Expects $2.5 Million Gross Proceeds From Registered Direct Offering, Private Placement
Mustang Bio Expects $2.5 Million Gross Proceeds From Registered Direct Offering, Private Placement
Jun 20, 2024
09:20 AM EDT, 06/20/2024 (MT Newswires) -- Mustang Bio ( MBIO ) said Thursday that it expects to raise $2.5 million in gross proceeds through a registered direct offering and concurrent private placement. The company said it has agreed to sell 6.13 million shares in a registered direct offering at $0.41 per share and offer up to an equal number...
Copyright 2023-2026 - www.financetom.com All Rights Reserved