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LEU — Centrus Energy News Story

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Brief: Centrus Acquires Westerman Holdings, Llc, Bringing A Key Supplier In-House And Diversifying Its Manufacturing Capacity

BRIEF-Centrus Acquires Westerman Holdings, Llc, Bringing A Key Supplier In-House And Diversifying Its Manufacturing Capacity

- Centrus Energy Corp. LEU.N:

  • CENTRUS ACQUIRES WESTERMAN HOLDINGS, LLC, BRINGING A KEY SUPPLIER IN-HOUSE AND DIVERSIFYING ITS MANUFACTURING CAPACITY

  • CENTRUS ENERGY CORP - ACQUISITION VALUED AT $116 MILLION, FUNDED WITH $95 MILLION CASH AND $21 MILLION EQUITY

  • CENTRUS ENERGY CORP - DEAL EXPECTED TO BE ACCRETIVE TO ADJUSTED EPS IN FIRST YEAR AFTER CLOSING

  • CENTRUS ENERGY CORP - WESTERMAN TO CONTINUE OPERATING UNDER WESTERMAN NAME

Source text: ID:nPnccDnXPa

Further company coverage: LEU.N


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

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