$7.95 0.0 0.4%
Last Trade - 16/04/21
Market Cap | £535.0m |
Enterprise Value | £1.12bn |
Revenue | £1.96bn |
Position in Universe | 3132nd / 6850 |
Nov 16 (Reuters) - PAE Inc PAE.O : * PAE TO ACQUIRE METIS SOLUTIONS, EXPANDING AND DIFFERENTIATING ITS INTELLIGENCE COMMUNITY AND NATIONAL SECURITY PORTFOLIO * PAE INC - PAE WILL ACQUIRE METIS SOLUTIONS CORPORATION IN A $92 MILLION ALL-CASH TRANSACTION * PAE INC - EXPECTS TO FUND PURCHASE PRICE WITH CASH ON HAND AND UTILIZATION OF ITS DELAYED DRAW TERM LOAN * PAE INC - DEAL EXPECTED TO BE ACCRETIVE TO KEY FINANCIAL METRICS INCLUDING ORGANIC REVENUE GROWTH, ADJUSTED EBITDA MARGINS AND FREE CASH FLOW * PAE INC - REITERATING ITS FISCAL YEAR 2020 FINANCIAL OUTLOOK PROVIDED ON NOVEMBER 5, 2020 Source text for Eikon: ID:nGNX6Z9s73 Further company coverage: PAE.O ((Reuters.Briefs@thomsonreuters.com;))