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CDNL — Cardinal Infrastructure News Story

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Brief: Cardinal Infrastructure Group Acquisition Valued At $357.50 Million

BRIEF-Cardinal Infrastructure Group Acquisition Valued At $357.50 Million

- Cardinal Infrastructure Group Inc. CDNL.O:

  • CARDINAL INFRASTRUCTURE GROUP (CDNL) ANNOUNCES ACQUISITION OF HUGHES BROTHERS CONSTRUCTION, INC.

  • CARDINAL INFRASTRUCTURE GROUP - ACQUISITION VALUED AT $357.50 MILLION

  • CARDINAL INFRASTRUCTURE GROUP - TOTAL POTENTIAL DEAL VALUE UP TO $455 MILLION INCLUDING $97.50 MILLION EARNOUT

  • CARDINAL INFRASTRUCTURE GROUP - ACQUISITION IMMEDIATELY ACCRETIVE TO 2026 ADJUSTED EBITDA MARGIN; TTM REVENUE OVER $220 MILLION AS OF JUNE 30, 2026

Source text: ID:nPn6gwjkSa

Further company coverage: CDNL.O


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

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