Brief: Latham Group Inc Acquires Radiant Pools For About $90 Million

Latham

30/11/2021 12:46

Nov 30 (Reuters) - Latham Group Inc  SWIM.O :
    * LATHAM GROUP, INC. ANNOUNCES THE ACQUISITION OF RADIANT
POOLS
    * LATHAM GROUP INC - ACQUIRED RADIANT POOLS FOR ABOUT $90
MILLION
    * LATHAM GROUP INC - ACQUISITION OF RADIANT POOLS EXPECTED
TO HAVE
NO MATERIAL IMPACT ON LATHAM'S FISCAL 2021 OUTLOOK
    * LATHAM GROUP - DEAL WITH RADIANT POOLS WAS FUNDED USING A
COMBINATION OF CO'S EXISTING CASH AND INCREMENTAL BORROWING
UNDER REVOLVING CREDIT FACILITY

Source text for Eikon:  ID:nGNX7MmKrD 
Further company coverage:  SWIM.O 

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