Theon to Buy 9.8% Stake in French Night-Vision Gear Firm Exosens
Special forces wearing binoculars mounted on helmets, equipped with Exosens fifth generation 5G image intensifier tubes.
Source: Exosens
Theon International Plc plans to buy a 9.8% stake in Exosens SAS, in a deal that would make it the second-biggest shareholder in the French maker of night-vision goggles.
Theon agreed to buy the stake from Groupe HLD investment companies for 268.7 million euros ($312 million), corresponding to 54 euros per share, it said in a statement on Saturday.