Brief: Icf Announces Definitive Agreement To Acquire Itg

ICF International

13/01/2020 21:36

ICF International Inc  ICFI.O :
    * ICF ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE ITG
    * ICF INTERNATIONAL INC - PURCHASE PRICE IS $255 MILLION,
FUNDED
BY ICF'S EXISTING CREDIT FACILITY
    * ICF INTERNATIONAL INC - COMPANY PROVIDES PRELIMINARY
REVENUE
GUIDANCE FOR 2020
    * ICF INTERNATIONAL INC - ICF EXPECTS NET PRESENT VALUE OF
TAX
BENEFIT OF DEAL TO BE ABOUT $33 MILLION
    * ICF INTERNATIONAL INC - EXPECTS 2020 REVENUE TO INCREASE
BY
ABOUT 10 PERCENT FROM 2019 LEVELS OF APPROXIMATELY $1.48 BILLION

Source text for Eikon:  ID:nPn8kX3gca 
Further company coverage:  ICFI.O