Brief: ATS To Acquire Avidity Science

ATS

22/09/2023 13:05

Sept 22 (Reuters) - ATS Corp  ATS.TO :
    * ATS TO ACQUIRE BIOMEDICAL RESEARCH & LIFE SCIENCES WATER
PURIFICATION EQUIPMENT PROVIDER AVIDITY SCIENCE
    * ATS CORP: PROPOSED DEAL FOR US$195 MILLION
    * ATS CORP - PLANS TO FUND ACQUISITION WITH CASH AND BY
DRAWING ON
ITS REVOLVING CREDIT FACILITY
    * ATS CORP- EXPECTS US$1.5 MILLION OF COST AND COMMERCIAL
SYNERGIES BY YEAR 3 FROM DEAL
    * ATS CORP- EXPECTS US$2.6 MILLION OF COST AND COMMERCIAL
SYNERGIES BY YEAR 5 FROM DEAL

Source text for Eikon:  ID:nCNWj2ZCya 
Further company coverage:  ATS.TO 

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