Brief: Thales To Acquire Controlling Stake In Exail, View To Launch Tender Offer For 100% Of Company
BRIEF-Thales To Acquire Controlling Stake In Exail, View To Launch Tender Offer For 100% Of Company July 6 (Reuters) - Thales SA TCFP.PA
TO ACQUIRE THE GORGÉ FAMILY'S STAKE IN EXAIL, WITH A VIEW TO LAUNCHING A TENDER OFFER FOR 100% OF THE COMPANY
TO ACQUIRE GORGÉ FAMILY'S STAKE IN EXAIL, WITH A VIEW TO LAUNCHING A TENDER OFFER FOR 100% OF COMPANY
ADJUSTED EBIT IMPACT FROM RUN-RATE REVENUE AND COSTS SYNERGIES IN EXCESS OF EUR90M BY 2032
MANDATORY TENDER OFFER, IN EACH CASE FOR A PRICE OF EUR134.00 PER SHARE
CLOSING OF ACQUISITION OF GORGÉ FAMILY'S STAKE EXPECTED BY Q3 2027
ACCRETIVE TO THALES' REVENUE GROWTH AND ADJUSTED EBIT MARGIN PROFILE
ADJUSTED EPS ACCRETION IN FIRST YEAR
TRANSACTION ADJUSTED ROCE ABOVE WACC IN YEAR 5 POST-CLOSING
CLOSING OF ACQUISITION OF GORGÉ FAMILY'S STAKE IS EXPECTED BY Q3 2027
FOLLOWING CLOSING OF ACQUISITION, THALES WILL FILE A MANDATORY TENDER OFFER FOR 100% OF EXAIL' SHARES AND ODIRNANE BONDS WITH AMF
MANDATORY TENDER OFFER EXPECTED CLOSING AT BEGINNING OF 2028 AT LATEST
Source text: https://tinyurl.com/bdf6w2j2
Further company coverage: TCFP.PA
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