Latest News for ASHTF
Ashtead Technology Holdings PLC (AIM:AT.) has agreed to a recommended £505 million cash takeover by US private equity firm Ember Infrastructure Management, valuing the subsea technology group at 615p a share.
British subsea technology firm Ashtead Technology on Wednesday said it has received a non-binding indicative proposal from Ember Infrastructure Management that values the company at about £498 million ($659.75 million).
RBC Capital downgraded Ashtead Technology Holdings PLC (AIM:AT.), the subsea technology solutions provider, to 'sector perform' from 'outperform' and cut its price target to £4.00 from £5.60.
Ashtead Technology Holdings PLC (AIM:AT.) has cut its 2026 revenue and profit expectations after project delays in the Middle East, Europe and the Americas disrupted second-half trading.
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