Brief: AAON Announces Acquisition Of BasX Solutions

AAON

18/11/2021 23:10

Nov 18 (Reuters) - Aaon Inc  AAON.O :
    * AAON ANNOUNCES ACQUISITION OF BASX SOLUTIONS
    * AAON INC - TRANSACTION TERMS REQUIRE AN UPFRONT PAYMENT OF
$100
MILLION, SUBJECT TO CUSTOMARY ADJUSTMENTS
    * AAON INC - ADDITIONAL PAYMENTS VALUED AT UP TO $80 MILLION
ARE
SUBJECT TO EARN-OUT MILESTONES THAT EXTEND THROUGH 2023

Source text for Eikon:  ID:nGNXbl46D3 
Further company coverage:  AAON.O 

 ((Reuters.Briefs@thomsonreuters.com;))