Brief: Watts Water Technologies Inc. To Acquire Bradley Corporation

Watts Water Technologies

30/08/2023 23:04

Watts Water Technologies Inc  WTS.N :
    * WATTS WATER TECHNOLOGIES INC. TO ACQUIRE BRADLEY
CORPORATION
    * WATTS WATER TECHNOLOGIES INC - ENTERED INTO A DEFINITIVE
AGREEMENT TO ACQUIRE BRADLEY CORPORATIO FOR $303 MILLION
    * WATTS WATER TECHNOLOGIES INC - TRANSACTION WILL BE FUNDED
THROUGH CASH ON HAND AND REMAINDER FROM WATTS' EXISTING
REVOLVING CREDIT FACILITY
    * WATTS WATER TECHNOLOGIES INC: TRANSACTION WILL BE FUNDED
THROUGH
CASH ON HAND AND REMAINDER FROM WATTS' EXISTING REVOLVING CREDIT
FACILITY
    * WATTS WATER TECHNOLOGIES INC - TRANSACTION IS EXPECTED TO
BE
MODESTLY ACCRETIVE TO ADJUSTED EPS IN 2024

Source text for Eikon:  ID:nBwYy00Fa 
Further company coverage:  WTS.N