Brief: Heroux-Devtek to buy Cesa in a $205 mln deal
02/10/2017 12:00
Oct 2 (Reuters) - Heroux Devtek Inc HRX.TO :
* Heroux-Devtek announces agreement to acquire cesa, a
leading european manufacturer of landing gear, actuation and
hydraulic systems
* Heroux Devtek Inc - deal for approximately $205 million
* Heroux Devtek - deal to be financed through $50 million
seven-year unsecured subordinated term loan, assumption of debt
amounting to about EUR29 million
* Heroux Devtek - deal to also be financed through increase
of co's existing revolving credit facility to $250 million and
available cash balance
Source text for Eikon: ID:nMKWsBwz9a
Further company coverage: HRX.TO
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