By Matteo Castia
Caledonia Investments PLC mentioned Tuesday that it has offered its 84.2% stake in Deep Sea Electronics to power expertise options supplier Generac Holdings Inc. for internet proceeds of 242.2 million kilos ($344.2 million).
Caledonia mentioned it acquired Deep Sea Electronics in 2018.
Shares at 0735 GMT had been up 95 pence, or 3.1%, at 3,125 pence.
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