Brief: Brightview Announces Repurchase Of Shares From Msd Partners

BrightView Holdings

14/12/2021 12:45

Dec 14 (Reuters) - Brightview Holdings Inc  BV.N :
    * BRIGHTVIEW ANNOUNCES REPURCHASE OF SHARES FROM MSD
PARTNERS
    * BRIGHTVIEW HOLDINGS - HAS ENTERED INTO AGREEMENT TO
REPURCHASE
5.9 MILLION SHARES OF CO'S COMMON STOCK FROM MSD PARTNERS AND
AFFILIATES
    * BRIGHTVIEW HOLDINGS - AGREEMENT FOR PURCHASE PRICE OF
$13.98 PER
SHARE
    * BRIGHTVIEW HOLDINGS - REPURCHASE REPRESENTS HALF OF MSD
PARTNERS' CURRENT EQUITY INVESTMENT IN CO
    * BRIGHTVIEW HOLDINGS - TOTAL PURCHASE PRICE TO BE ABOUT
$82.5
MILLION, TO BE FUNDED FROM CASH AND CASH EQUIVALENTS &
BORROWINGS UNDER CREDIT FACILITIES

Source text for Eikon:  ID:nBw8NFBbFa 
Further company coverage:  BV.N 

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