Brief: Softcat Announces Agreement To Buy GDT For Enterprise Value Of $1.05 Billion
BRIEF-Softcat Announces Agreement To Buy GDT For Enterprise Value Of $1.05 Billion Sept 17 (Reuters) - Softcat PLC SCTS.L:
SOFTCAT PLC - ACQUISITION OF GDT AND FULL YEAR TRADING UPDATE
SOFTCAT - TO BUY GDT FOR ENTERPRISE VALUE OF $1.05 BILLION (£785 MILLION)
SOFTCAT - ACQUISITION FUNDED BY £100 MILLION CASH, £550 MILLION DEBT, £350 MILLION EQUITY PLACING
SOFTCAT - ACQUISITION EXPECTED TO DELIVER HIGH SINGLE-DIGIT TO LOW DOUBLE-DIGIT UNDERLYING EPS ACCRETION IN FIRST FULL FISCAL YEAR
SOFTCAT PLC: EXCLUDING CONTRIBUTION FROM GDT, BOARD EXPECTS TO DELIVER HIGH SINGLE-DIGIT UNDERLYING OPERATING PROFIT GROWTH IN FY2027
SOFTCAT - BOARD EXPECTS HIGH-TEENS GROWTH IN FULL YEAR UNDERLYING OPERATING PROFIT FOR FY2026
SOFTCAT PLC: EXPECTS TO DELIVER HIGH SINGLE-DIGIT UNDERLYING OPERATING PROFIT GROWTH IN FY2027
Source text: ID:nRSQ2697Va
Further company coverage: SCTS.L