Brief: Materion Corporation To Acquire Optics Balzers
08/06/2020 12:11
June 8 (Reuters) - Materion Corp MTRN.N :
* MATERION CORPORATION TO ACQUIRE OPTICS BALZERS
* MATERION CORP - TRANSACTION IS VALUED AT APPROXIMATELY
$160
MILLION
* MATERION CORP - TRANSACTION VALUES OPTICS BALZERS AT 12X
TRAILING TWELVE-MONTH (TTM) EBITDA, OR 8X PRO FORMA FOR
SYNERGIES
* MATERION CORP - TRANSACTION ACCRETIVE TO GROWTH, EBITDA
MARGIN,
AND 2021 EARNINGS
Source text for Eikon: ID:nBw638XRDa
Further company coverage: MTRN.N
((Reuters.Briefs@thomsonreuters.com;))
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