Brief: Sterling Infrastructure Proposed Deal For Purchase Price Consists Of A Cash Payment Of $50 Mln
16/11/2023 23:22
Nov 16 (Reuters) - Sterling Infrastructure Inc STRL.O :
* STERLING ACQUIRES TEXAS-BASED PROFESSIONAL PLUMBERS GROUP
* STERLING INFRASTRUCTURE INC - PROPOSED DEAL FOR PURCHASE
PRICE
CONSISTS OF A CASH PAYMENT OF $50 MILLION
* STERLING INFRASTRUCTURE INC - PURCHASED PRICE OF PROPOSED
DEAL
INCLUDES AN EARNOUT OPPORTUNITY CONTINGENT UPON ACHIEVING FUTURE
EBITDA TARGETS
Source text for Eikon: ID:nPn2qm49za
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