Brief: Jacobs Announces Intention To Separate Critical Mission Solutions Business

Jacobs Solutions

09/05/2023 11:51

May 9 (Reuters) - Jacobs Solutions Inc  J.N :
    * JACOBS ANNOUNCES INTENTION TO SEPARATE CRITICAL MISSION
SOLUTIONS BUSINESS
    * JACOBS SOLUTIONS INC - SEPARATION EXPECTED TO BE EFFECTED
THROUGH SPIN OFF OF CMS TO JACOBS SHAREHOLDERS
    * JACOBS SOLUTIONS INC- IS TARGETING COMPLETING SEPARATION
IN
SECOND HALF OF FISCAL YEAR 2024
    * JACOBS SOLUTIONS INC - STEVE ARNETTE, EVP AND PRESIDENT OF
CMS,
WILL CONTINUE TO LEAD CMS.
    * JACOBS SOLUTIONS INC - BOARD APPROVED PLAN TO SEPARATE ITS
CRITICAL MISSION SOLUTIONS (CMS) BUSINESS FROM JACOBS, CREATING
TWO INDEPENDENT COMPANIES

Source text for Eikon:  ID:nPnfcqvNa 
Further company coverage:  J.N 

 ((Reuters.Briefs@thomsonreuters.com;))