AVX Corporation to acquire TT Electronics' Transportation, Sensing and Control division

AVX Corporation and its subsidiary AVX Limited have entered into a Sale and Purchase Agreement with TT Electronics PLC to acquire all issued capital of target companies comprising the Transportation, Sensing and Control division of TT Electronics Group.

“The Purchase Agreement provides that, subject to the terms and conditions thereof, Purchaser will acquire all of the issued capital of various target companies, which comprise the Transportation, Sensing and Control division of the TT Electronics Group.”sec.gov

• 1 source
• sec.govAVX Corp Form 8-K filed July 19, 2017Jul 19, 2017

Summarized from public sources; check the original articles before acting on it.