Brief: Apogee Enterprises To Acquire UW Solutions

Apogee Enterprises

25/09/2024 13:42

Sept 25 (Reuters) - Apogee Enterprises Inc  APOG.O :
    * APOGEE ENTERPRISES TO ACQUIRE UW SOLUTIONS
    * APOGEE ENTERPRISES TO ACQUIRE UW SOLUTIONS
    * APOGEE ENTERPRISES INC - TO ACQUIRE UW SOLUTIONS FOR $240
MILLION
    * APOGEE ENTERPRISES INC - TRANSACTION EXPECTED TO CLOSE IN
FISCAL
2025 Q3
    * APOGEE ENTERPRISES INC - EXPECTED $5 MILLION COST
SYNERGIES BY
END OF FISCAL 2027
    * APOGEE ENTERPRISES INC - TRANSACTION EXPECTED TO BE
ACCRETIVE TO
ADJUSTED DILUTED EPS IN FISCAL 2026
    * APOGEE ENTERPRISES INC - TO FINANCE TRANSACTION USING CASH
ON
HAND AND CREDIT FACILITY
    * APOGEE ENTERPRISES - DEAL SEES TO CONTRIBUTE ABOUT $100
MILLION
OF REVENUE WITH AN ADJUSTED EBITDA MARGIN OF APPROXIMATELY 20%
IN FISCAL 2026

Source text for Eikon:  ID:nBw15rl6Ba 
Further company coverage:  APOG.O 

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