AB Dynamics Plc (ABDP) has completed the acquisition of California-based Dynamic Research Incorporated for a maximum consideration of $24.7 million.
The acquisition expands the company’s reach by providing an engineering and sales facility in a crucial area close to both automotive OEMs and autonomous vehicle developers. It creates additional resources in the US to support the company’s growing base of products and services. It also enhances the group’s capabilities by complementing the development and testing of driving simulator technology.
On 2nd September 2019, at the time of writing, GMT 11:42 AM, ABDP shares were trading at GBX 2785, up 35 points or 1.27% against the previous day closing price.
With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities.
Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?
Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.
We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.