Aeroflex completes 51.01% stake acquisition in Stilonn
AEROENTER · price
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Aeroflex Enterprises, through its subsidiary Aeroflex Neu, completed the purchase of 727,040 existing Stilonn shares and subscribed to additional shares. Aeroflex Neu now holds 51.01% of Stilonn, making it a subsidiary. The deal supports its artificial intelligence infrastructure and data centre platform for specialised engineering solutions. The price paid was not stated.
Adds a majority-owned business in AI infrastructure and data centres. Stock impact uncertain as deal price and earnings contribution are undisclosed.