12:54 PM EDT, 09/06/2024 (MT Newswires) -- Heroux-Devtek ( HERXF ) said Friday shareholders overwhelmingly approved its $1.35-billion acquisition by Platinum Equity Advisors.

The company, which makes aircraft landing gear. said the acquisition was back by more than 99% of votes cast by shareholders.

The waiting period has expired under the United States Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, satisfying a closing condition, though final court approvals and approvals from Spain and the United Kingdom are awaited.

Heroux-Devtek ( HERXF ) shares were last seen up $0.065 to $31.395 on the Toronto Stock Exchange.

Price: 31.40, Change: +0.07, Percent Change: +0.21