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ST Engineering up 22 cents on positive analyst vibes on MRA acquisition

Samantha Chiew
Samantha Chiew9/14/2018 01:45 PM GMT+08  • 3 min read
ST Engineering up 22 cents on positive analyst vibes on MRA acquisition
SINGAPORE (Sept 14): Shares in ST Engineering surged 22 cents or 6.7% to $3.51 this morning after Thursday night’s news that the defence and engineering company was acquiring MRA Systems (MRAS) for a record US$630 million ($864 million) drew positive re
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SINGAPORE (Sept 14): Shares in ST Engineering surged 22 cents or 6.7% to $3.51 this morning after Thursday night’s news that the defence and engineering company was acquiring MRA Systems (MRAS) for a record US$630 million ($864 million) drew positive responses from analysts.

As at 1.29pm, nearly 14.5 million shares were traded, making ST Engineering the sixth most actively traded stock for the session so far.


See: ST Engineering acquiring engine nacelle systems manufacturer from GE

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