Brief: Act II Global Acquisition Reaffirms Whole Earth Brands Transaction With Revised Transaction Terms

Whole Earth Brands

11/05/2020 13:54

May 11 (Reuters) - Act II Global Acquisition Corp  ACTT.O :
    * ACT II GLOBAL ACQUISITION CORP. REAFFIRMS WHOLE EARTH
BRANDS
TRANSACTION WITH REVISED TRANSACTION TERMS
    * ACT II GLOBAL ACQUISITION CORP - TRANSACTION EXPECTED TO
CLOSE
IN JUNE 2020
    * ACT II GLOBAL ACQUISITION CORP - AMENDED TRANSACTION TERMS
REFLECT A VALUATION OF 7.9X PRO FORMA ADJUSTED 2020 EBITDA
    * ACT II GLOBAL ACQUISITION CORP - TRANSACTION IS NOW VALUED
AT
APPROXIMATELY $516 MILLION AT CLOSING

Source text for Eikon:  ID:nBw3HGFGXa 
Further company coverage:  ACTT.O 

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