Power Supplies Maker Rejects US Rival's £571M Approach

By Dawood Fakhir (May 21, 2024, 2:38 PM BST) -- Power supplies maker XP Power on Tuesday rejected the latest approximately £571 million ($726 million) unsolicited approach made by Advanced Energy Industries Inc., confirming that it had received "a series of highly conditional, opportunistic, indicative proposals" from the U.S. company....

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