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BRIEF-Apogee Enterprises To Acquire UW Solutions
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BRIEF-Apogee Enterprises To Acquire UW Solutions
Oct 3, 2024 1:24 AM

Sept 25 (Reuters) - Apogee Enterprises Inc ( APOG ):

* APOGEE ENTERPRISES TO ACQUIRE UW SOLUTIONS

* APOGEE ENTERPRISES TO ACQUIRE UW SOLUTIONS

* APOGEE ENTERPRISES INC ( APOG ) - TO ACQUIRE UW SOLUTIONS FOR $240

MILLION

* APOGEE ENTERPRISES INC ( APOG ) - TRANSACTION EXPECTED TO CLOSE IN

FISCAL

2025 Q3

* APOGEE ENTERPRISES INC ( APOG ) - EXPECTED $5 MILLION COST

SYNERGIES BY

END OF FISCAL 2027

* APOGEE ENTERPRISES INC ( APOG ) - TRANSACTION EXPECTED TO BE

ACCRETIVE TO

ADJUSTED DILUTED EPS IN FISCAL 2026

* APOGEE ENTERPRISES INC ( APOG ) - TO FINANCE TRANSACTION USING CASH

ON

HAND AND CREDIT FACILITY

* APOGEE ENTERPRISES ( APOG ) - DEAL SEES TO CONTRIBUTE ABOUT $100

MILLION

OF REVENUE WITH AN ADJUSTED EBITDA MARGIN OF APPROXIMATELY 20%

IN FISCAL 2026

Source text for Eikon:

Further company coverage:

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