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Share Price: 1,288.00

Bid: 1,286.00

Ask: 1,298.00

Change: 4.00 (0.31%)

Spread: 12.00 (0.933%)

Open: 1,278.00

High: 1,298.00

Low: 1,262.00

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Avon Rubber Gets US Foreign Investment Approval For 3M Unit Buy

Mon, 23rd Dec 2019 12:11

(Alliance News) - Avon Rubber PLC on Monday said it has received approval from the US Committee on Foreign Investment for its acquisition of 3M Co's ballistic protection business.

Avon Rubber, which is based in Melksham, Wiltshire, said the acquisition is expected to complete on January 2, 2020. The company announced the deal, worth up to USD116 million, back in August.

Shares in the respiratory and milking equipment firm were up 2.4% at 2,088.00 pence in London on Monday.

By Lucy Heming; lucyheming@alliancenews.com

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Latest Share Chat

Avon Protection Share News (AVON)

Share Price Information for Avon Protection (AVON)

Avon Rubber Gets US Foreign Investment Approval For 3M Unit Buy

Avon Rubber increases value of US Army deal

LONDON MARKET PRE-OPEN: Next raises profit guidance on online strength

UK dividends calendar - next 7 days

UK Dividends Calendar - Next 7 Days

Avon Rubber Notes 24% Reject Remuneration Report At AGM

Avon Rubber Says Good Trading Will Lead To Achieving Expectations

LONDON MARKET OPEN: FTSE 100 Slumps In Sour End To Volatile January

Avon Rubber confident as pandemic boosts demand

LONDON MARKET PRE-OPEN: boohoo In Talks For Another High Street Swoop

UK Shareholder Meetings Calendar - Next 7 Days

LONDON BROKER RATINGS SUMMARY: BofA And Jefferies Both Cut John Wood

LONDON MARKET MIDDAY: Pound Tops USD1.36 As BoE Holds Interest Rates

UK WINNERS & LOSERS SUMMARY: Avon Rubber Slides On Contract Delays

Avon Rubber Shares Drop As Contracts Delayed In Approval Process

LONDON MARKET OPEN: US Fed Buoys Markets As Focus Now On BoE Decision

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Avon Protection Share News (AVON)

Share Price Information for Avon Protection (AVON)

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