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How Will FOS Capital Revive Aldridge Traffic Systems After $3.1M Acquisition?
10:22am on Wednesday 11th of June, 2025 AEST
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How Will FOS Capital Revive Aldridge Traffic Systems After $3.1M Acquisition?
10:22am on Wednesday 11th of June, 2025 AEST
Key Points
Acquisition of ATS assets valued at $3.1 million
Equity raising of $3.7 million via placement at $0.30 per share
ATS has 60 years in road lighting with $6 million FY24 revenue
Non-core assets from Traffic Technologies to be divested or closed
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Fos Capital (ASX:FOS)
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