Simon Thompson 

Elektron’s bumper cash return presents trading opportunity

Simon Thompson

Simon Thompson

Technology group Elektron Technology (EKT:54p) has announced the disposal of Bulgin, a world-class designer and maker of hermetically-sealed (air and watertight), fail-safe circular connectors used to supply electricity and other vital equipment, often in harsh environments, for £105m (56p a share) on a cash free-debt free basis to Equistone, a mid-market private equity firm.

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