Cohort acquisition of EM Solutions pushed back to February
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Cohort
1,040.00p
08:24 18/02/25
0.48%
5.00p
Technology specialist Cohort announced a revised timeline for its acquisition of EM Solutions, a subsidiary of Australia's Electro Optic Systems Holdings, on Tuesday.
Aerospace and Defence
13,137.74
08:30 18/02/25
0.24%
31.15
FTSE AIM All-Share
726.19
08:30 18/02/25
n/a
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The AIM-traded firm said the transaction, initially expected to close earlier, was now anticipated to complete by the end of February.
It said that any impact on EM Solutions' net contribution to Cohort's financial performance for the year ending 30 April would be negligible.
At 1053 GMT, shares in Cohort were up 0.45% at 1,120p.
Reporting by Josh White for Sharecast.com.