Focusrite Plc announces acquisition

  • Dec 19, 2019 GMT
  • Team Kalkine
  • The company announced the acquisition of Martin Audio and associated companies
  • The total consideration is £2 million for the business
  • It will be funded by internal accruals and also party by a loan of £40 million with Natwest and HSBC
  • On 19th December 2019, the stock of TUNE was trading at GBX 613 at GMT 09:47 AM, up 15 points or 2.51% from its previous close.

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