financetom
Business
financetom
/
Business
/
BRIEF-L3harris Announces Definitive Agreement To Sell Non-Core Assets To An Affiliate Of Kanders & Company, Inc. For $200 Million
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-L3harris Announces Definitive Agreement To Sell Non-Core Assets To An Affiliate Of Kanders & Company, Inc. For $200 Million
Apr 5, 2024 5:35 AM

April 5 (Reuters) - L3harris Technologies Inc ( LHX ):

* L3HARRIS ANNOUNCES DEFINITIVE AGREEMENT TO SELL NON-CORE

ASSETS

TO AN AFFILIATE OF KANDERS & COMPANY, INC. FOR $200 MILLION

* L3HARRIS ANNOUNCES DEFINITIVE AGREEMENT TO SELL NON-CORE

ASSETS

TO AN AFFILIATE OF KANDERS & COMPANY, INC. FOR $200 MILLION

* L3HARRIS TECHNOLOGIES INC ( LHX ) - L3HARRIS ANNOUNCES DEFINITIVE

AGREEMENT TO SELL NON-CORE ASSETS TO AN AFFILIATE OF KANDERS &

COMPANY, INC. FOR $200 MILLION

* L3HARRIS TECHNOLOGIES INC ( LHX ) - TRANSACTION IS MADE UP OF $175

MILLION OF CASH AT CLOSING AND A $25 MILLION SELLER NOTE

* L3HARRIS TECHNOLOGIES INC ( LHX ) - TRANSACTION IS EXPECTED TO

CLOSE

THIS QUARTER

Source text for Eikon:

Further company coverage:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EU's top court rejects Amazon's request to suspend EU tech rules' ad clause
EU's top court rejects Amazon's request to suspend EU tech rules' ad clause
Mar 27, 2024
BRUSSELS (Reuters) - The European Union's top court on Wednesday said it had rejected a request by Amazon ( AMZN ) to suspend its obligation to make an advertisement repository publicly available. ...
Chinese electric vehicle maker BYD targets 20% jump in annual sales
Chinese electric vehicle maker BYD targets 20% jump in annual sales
Mar 27, 2024
BEIJING (Reuters) - Chinese electric vehicle giant BYD set a 3.6 million sales target for 2024, up 20% from its record-breaking sales last year, China Business Network (CBN) reported on Wednesday. The company aims to sell 500,000 vehicles overseas this year, more than double last year's total, and expects that to reach 1 million in 2025, Chairman Wang Chuanfu was...
Baltimore bridge port blockade won't trigger new supply chain crisis, experts say
Baltimore bridge port blockade won't trigger new supply chain crisis, experts say
Mar 27, 2024
WASHINGTON (Reuters) - The catastrophic bridge collapse that closed the Port of Baltimore to ship traffic is unlikely to trigger a major new U.S. supply chain crisis or spike goods prices, due to ample and growing spare capacity at competing East Coast ports, economists and logistics experts say. With six people still missing after a container ship collision destroyed the...
Star Diamond Completed Acquisition of Rio Tinto's 75% Interest in JV
Star Diamond Completed Acquisition of Rio Tinto's 75% Interest in JV
Mar 27, 2024
07:18 AM EDT, 03/27/2024 (MT Newswires) -- Star Diamond Corp ( SHGDF ) overnight Tuesday announced the completion of its previously announced transaction with Rio Tinto Exploration Canada Inc. (RTEC) whereby RTEC has transferred to Star Diamond ( SHGDF ) its 75% interest in the Fort a la Corne diamond project in central Saskatchewan. Star Diamond ( SHGDF ) now...
Copyright 2023-2026 - www.financetom.com All Rights Reserved