Elbit Systems Signs Definitive Agreement to Sell Ashot to FIMI Opportunity Funds for $88 Million
Elbit Systems Ltd. - Ordinary Shares (ESLT)
Last elbit systems ltd. - ordinary shares earnings: 3/25 04:11 am
Check Earnings Report
US:NASDAQ Investor Relations:
ir.elbitsystems.com
Company Research
Source: PR Newswire
HAIFA, Israel, Oct. 21, 2021 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ:ESLT) and (TASE: ESLT) ("Elbit Systems") announced today the signing of a definitive agreement for the sale of all ordinary shares held by its wholly-owned Israeli subsidiary, IMI Systems Ltd. ("IMI"), in IMI's 84.98%-owned subsidiary, Ashot Ashkelon Industries Ltd. (TASE: ASHO) ("Ashot") and all capital notes of Ashot held by IMI and Elbit Systems, to FIMI Opportunity Funds ("FIMI"), for approximately $88 million in cash (approximately NIS 285 million). The transaction is conditioned on various closing terms, including receipt of certain regulatory approvals.Ashot specializes in the manufacture of jet engine shafts, transmissions, gears and gearboxes, landing gear components and tungsten products for the aerospace and defense industries.FIMI is a leading private equity fund in Israel with more than $5.5 billion in assets under management.Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, said: "Since t
Show less
Read more
Impact Snapshot
Event Time:
ESLT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ESLT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ESLT alerts
High impacting Elbit Systems Ltd. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
ESLT
News
- Elbit Systems Ltd. (NASDAQ:ESLT) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- ELBIT SYSTEMS REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTSPR Newswire
- Elbit Systems Awarded Approximately $300 Million Contract to Supply Defense Solutions for an International CustomerPR Newswire
- Elbit Systems Reports Impact on its Fourth Quarter 2023 Financial Results Due to Non-Cash ExpensesPR Newswire
- Collins Elbit Vision Systems delivers 3,000th F-35 Gen III Helmet Mounted Display System to the Joint Strike Fighter [Yahoo! Finance]Yahoo! Finance
ESLT
Earnings
- 3/26/24 - Beat
ESLT
Sec Filings
- 3/26/24 - Form 6-K
- 3/25/24 - Form 6-K
- 3/5/24 - Form 6-K
- ESLT's page on the SEC website