# Latécoère to acquire Avcorp Industries for $0.11 per share

Avcorp Industries shareholders approved the acquisition by a subsidiary of Latécoère S.A. for cash consideration of $0.11 per share. The deal is expected to close in Q3 2022.

- Type: Acquisition
- Announced: 2022-07-05
- Where: Delta, British Columbia, Canada
- Status: announced
- Products: airframe structures
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Latecoere](https://endata.com/companies/17396.md) (acquirer)
- [Avcorp Industries](https://endata.com/companies/20018.md) (target)

## Sources

- [bctechnology.com](https://www.bctechnology.com/news/2022/7/5/Avcorp-Industries-Shareholders-Approve-Acquisition-by-Subsidiary-of-Latecoere-S.A.-Deal-Expected-to-Close-in-Q3.cfm), 2022-07-05: "Avcorp Industries Inc. announced that, at the annual general and special meeting, its Securityholders overwhelmingly voted in favour of the special resolution to approve the previously announced 'plan of arrangement' with Latécoère S.A."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.