Brief: Redwire Announces Acquisition Of Edge Autonomy For $925 Million

Redwire

20/01/2025 23:35

Jan 20 (Reuters) - Redwire Corp  RDW.N :
    * REDWIRE ANNOUNCES ACQUISITION OF EDGE AUTONOMY;
TRANSFORMATIONAL
TRANSACTION CREATES A MULTI-DOMAIN, SCALED AND PROFITABLE SPACE
AND DEFENSE TECH COMPANY
    * REDWIRE CORP - TO ACQUIRE EDGE AUTONOMY FOR $925 MILLION
    * REDWIRE CORP - TRANSACTION EXPECTED TO BE IMMEDIATELY
ACCRETIVE
TO REVENUE, EBITDA, AND FREE CASH FLOW
    * REDWIRE CORP - COMBINED COMPANY FORECASTS 2025 REVENUES OF
$535M-$605M, EBITDA OF $70M-$105M
    * REDWIRE: TO PAY PURCHASE PRICE FOR DEAL IN COMBINATION OF
$150
MILLION IN CASH & $775 MILLION IN SHARES OF CO'S COMMON STOCK
ISSUED AT $15.07

Source text:  ID:nBw683HFa 
Further company coverage:  RDW.N 

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