MarketWatch logo

2022-07-01 22:38:57 By : Mr. wego yang

TARGET: e-commerce business Wiper Blades Ltd.

PRICE: 3.5 million pounds ($4.3 million) in cash.

RATIONALE: Part of strategy to develop ancillary businesses.

QUOTATION: "Our e-commerce parts business is performing strongly and the addition of Wiper Blades will be accretive both financially and strategically to that part of the group," Chief Executive Robert Forrester said.

Write to Ian Walker at ian.walker@wsj.com

Futures for the S&P 500, Dow Jones Industrial Average and Nasdaq were all down 0.3% in evening trading.

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More.

Visit a quote page and your recently viewed tickers will be displayed here.