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S$3.77 0.0  0.0%

Last Trade - 07/05/21

Sector
Industrials
Size
Large Cap
Market Cap £6.35bn
Enterprise Value £6.99bn
Revenue £3.87bn
Position in Universe 270th / 6094

BRIEF-Cubic Corp Board Accepts Revised Acquisition Proposal From Veritas Capital And Evergreen Coast Capital At $75.00 Per Share

Wed 31st March, 2021 1:07pm
March 31 (Reuters) - Cubic Corp  CUB.N :
    * CUBIC BOARD ACCEPTS REVISED ACQUISITION PROPOSAL FROM
VERITAS
CAPITAL AND EVERGREEN COAST CAPITAL AT $75.00 PER SHARE
    * CUBIC CORP - ALL-CASH TRANSACTION WILL BE VALUED AT
APPROXIMATELY $3.0 BILLION, INCLUDING ASSUMPTION OF DEBT
    * CUBIC - DETERMINED ST ENGINEERING PROPOSAL IS NEITHER
"SUPERIOR
PROPOSAL" NOR PROPOSAL THAT WOULD REASONABLY BE EXPECTED TO LEAD
TO "SUPERIOR PROPOSAL"
    * CUBIC CORP - CEASED ENGAGEMENT WITH ST ENGINEERING IN
ACCORDANCE
WITH TERMS OF AMENDED AGREEMENT

Source text for Eikon:  ID:nBw82hm0na 
Further company coverage:  CUB.N 

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