Brief: Hill & Smith To Buy 80% Of Freeberg For Initial Cash Consideration Of $36 Mln
11/03/2026 07:33
March 11 (Reuters) - Hill & Smith PLC HILS.L: HILL & SMITH PLC - ACQUISITION OF FREEBERG HILL & SMITH PLC - ACQUISITION OF FREEBERG HILL & SMITH - PROPOSED DEAL FOR AN INITIAL CASH CONSIDERATION OF $36M HILL & SMITH - TO BUY 80% OF FREEBERG FOR INITIAL CASH CONSIDERATION OF $36 MILLION HILL & SMITH - FURTHER CASH CONSIDERATION FOR REMAINING 20% OF FREEBERG UP TO $50 MILLION BY 2031 HILL & SMITH - ACQUISITION EXPECTED TO BE EARNINGS ENHANCING IN 2026 HILL & SMITH - FREEBERG CEO MARC BROWN TO CONTINUE TO LEAD BUSINESS AFTER DEAL Source text: ID:nRSK1246Wa Further company coverage: HILS.L (((( Reuters.Briefs@thomsonreuters.com ;));))