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Full interview: CUI Global posts revenue growth and continues transformation to diversified energy infrastructure

CUI Global Inc (NASDAQ:CUI) Executive Chairman and General Counsel Bill Clough tells Proactive the Houston-based company spent 2019 laying the groundwork to become a diversified energy infrastructure company, boosted by the acquisition of renewable energy engineering firm Reach Construction Group.

Clough says highlights from its full-year 2019 earnings included selling the majority of its remaining Power business to Bel Fuse for $32 million in gross proceeds, which continued its transformation and strengthened its balance sheet.

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Price: 0.56 USD

NASDAQ:OEG
Market: NASDAQ
Market Cap: $17.26 m
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Capital Network analyst discusses 'transformational' CUI Global deal

Capital Network analyst Ed Stacey says a proposed deal to combine CUI Global (NASDAQ:CUI) with four other businesses will result in an entirely transformed entity with more than 3x the revenues (estimated) of the existing CUI business. The four target businesses provide services to...

on 05/20/2019

2 min read