financetom
Business
financetom
/
Business
/
Integer Holdings to Sell Electrochem to Ultralife for $50 Million in Cash
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Integer Holdings to Sell Electrochem to Ultralife for $50 Million in Cash
Sep 30, 2024 11:03 AM

09:03 AM EDT, 09/30/2024 (MT Newswires) -- Integer Holdings ( ITGR ) said Monday it has agreed to sell its Electrochem business to Ultralife Corporation ( ULBI ) for $50 million in cash, subject to working capital adjustments.

The transaction is expected to close by the end of October.

The company said it expects the transaction to be neutral to its earnings per share.

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 >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
US FDA approves Teva's Ajovy for migraine prevention in children
US FDA approves Teva's Ajovy for migraine prevention in children
Aug 5, 2025
Aug 5 (Reuters) - The U.S. Food and Drug Administration on Tuesday approved Ajovy, an injection made by Israeli drugmaker Teva Pharma, to help prevent migraines in children aged six and older who weigh 45 kilograms or more. This is the first time a drug has been approved for preventing migraines in children. The injection is given once a month....
Canada's PHX Energy Q2 revenue beats estimates
Canada's PHX Energy Q2 revenue beats estimates
Aug 5, 2025
Overview * PHX Energy Q2 2025 revenue rises 9%, beating analyst expectations, per LSEG data * Adjusted EBITDA for Q2 2025 declines 9% due to higher equipment costs * Company repurchased 100,000 shares, plans to renew NCIB strategy Outlook * PHX Energy expects strong activity and revenue in H2 2025 * Company anticipates continued growth in Canadian RSS fleet *...
RingCentral Q2 Adjusted Earnings, Revenue Rise; Raises 2025 Earnings Outlook
RingCentral Q2 Adjusted Earnings, Revenue Rise; Raises 2025 Earnings Outlook
Aug 5, 2025
06:05 PM EDT, 08/05/2025 (MT Newswires) -- RingCentral ( RNG ) reported fiscal Q2 non-GAAP net income late Tuesday of $1.06 per diluted share, up from $0.91 a year earlier. Analysts polled by FactSet expected $1.02. Revenue for the quarter ended June 30 was $620.4 million, up from $592.9 million a year earlier. Analysts expected $617.8 million. For fiscal Q3,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved