EnerSys agrees to acquire Ultralife for $320 million

Bitget2026/10/27 20:27

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EnerSys will acquire Ultralife for approximately $320 million in cash, including assumed net debt.
The $16-per-share offer represents a 166% premium to the October 26, 2026, closing price.
EnerSys plans to fund the purchase with cash on hand, with closing expected in the first quarter of 2027.
The acquisition will expand EnerSys' defense power portfolio, adding battery technologies and manufacturing capacity.
Completion requires a majority of outstanding common shares to be tendered; the shares will then cease trading publicly.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ultralife Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610271615PRIMZONEFULLFEED9854466) on October 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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