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September 19, 2016. Avnet Agrees to Sell Technology Solutions Business Unit to Tech Data for $2.6B 21.6 KB. Company will accelerate strategy to bring world-class design chain and supply chain services to high-growth customer markets. PHOENIX -- (BUSINESS WIRE)-- Avnet , Inc. ( NYSE: AVT ), a leading global technology distributor, today ...
3 days ago · Avnet, Inc. (Nasdaq: AVT ), a leading global technology solutions provider, today announced that on August 15, 2024, its Board of Directors approved an increase in Avnet’s share repurchase authorization, bringing the total amount available for share repurchases to $600 million. The Board also approved a 6% increase in the regular quarterly cash dividend to $0.33 per share. The dividend will ...
Tech Data Corp. will buy Avnet's Technology Solutions unit, which preconfigures datacenter gear and offers other services, in a deal valued at $2.6 billion in cash and stock. Under the terms of ...
Sep 20, 2016 · Under the terms of the agreement, Avnet will receive $2.4 billion in cash and 2.8 million shares of Tech Data common stock, currently valued at approximately $200 million. In what is arguably one ...
- Paolo Del Nibletto
Company will accelerate strategy to bring world-class design chain and supply chain services to high-growth customer markets Avnet, Inc. (NYSE: AVT), a leading global technology distributor, today announced that it has entered into an agreement to sell its Technology Solutions operating group to Tech Data Corporation in a stock and cash transaction valued at approximately $2.6 billion. Under ...
02/27/2017. Creates a unique distribution model in the electronic components industry that supports customers at every stage of the product innovation and lifecycle. Today, Avnet (NYSE: AVT) announced it has completed the sale of its Technology Solutions business to Tech Data Corporation (NASDAQ: TECD). With the divestiture of these operations ...
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Sep 19, 2016 · Tech Data Corporation (NASDAQ: TECD ) reached a deal with Avnet, Inc. (NYSE: AVT ) enabling it to buy the latter's Technology Solutions business. The transaction comprises cash component of $2.4 ...
