Brief: VSE Corporation Announces Acquisition Of Kellstrom Aerospace

VSE

15/10/2024 21:03

Oct 15 (Reuters) - VSE Corp  VSEC.O :
    * VSE CORPORATION ANNOUNCES ACQUISITION OF KELLSTROM
AEROSPACE
    * VSE CORP - DEAL VALUED AT $200 MILLION, INCLUDING $185
MILLION
IN CASH
    * VSE CORP - EXPECTED SYNERGIES OF APPROXIMATELY $4 MILLION
    * VSE CORP - ACQUISITION TO BE FUNDED BY EQUITY FINANCING
AND
BORROWINGS
    * VSE CORP - PRELIMINARY Q3 2024 REVENUE OF $268-$275
MILLION
    * VSE CORP - EXPECTS AVIATION SEGMENT REVENUE GROWTH ABOVE
EXPECTATIONS

Source text for Eikon:  ID:nBw7NgRwma 
Further company coverage:  VSEC.O 

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