Brief: IBM To Acquire Hashicorp Inc For $35 Per Share In Cash

Hashicorp

24/04/2024 21:07

April 24 (Reuters) - IBM  IBM.N :
    * IBM TO ACQUIRE HASHICORP INC FOR $35 PER SHARE IN CASH
    * IBM: DEAL EXPECTED TO BE ACCRETIVE TO ADJUSTED EBITDA WITHIN FIRST FULL
YEAR,
POST CLOSE, AND FCF IN YEAR TWO
    * IBM: HASHICORP WILL BE ACQUIRED WITH AVAILABLE CASH ON HAND
    * IBM: PROPOSED DEAL FOR ENTERPRISE VALUE $6.4 BILLION

Further company coverage:  HCP.O 

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