BRIEF-Twin Disc To Acquire Finnish Gearbox Manufacturer Katsa Oy In $23 Mln Deal-February 2024-www.financetom.com

BRIEF-Twin Disc To Acquire Finnish Gearbox Manufacturer Katsa Oy In $23 Mln Deal

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BRIEF-Twin Disc To Acquire Finnish Gearbox Manufacturer Katsa Oy In $23 Mln Deal

Mar 6, 2024 5:49 AM

March 6 (Reuters) - Twin Disc Inc ( TWIN ):

* TWIN DISC INC ( TWIN ) -TWIN DISC, INC. ( TWIN ) SIGNS DEFINITIVE AGREEMENT

ACQUIRE KATSA OY

* TWIN DISC INC ( TWIN ) - DEAL IN AN ALL-CASH TRANSACTION VALUED AT

€21

MILLION (APPROXIMATELY $23 MILLION)

* TWIN DISC INC ( TWIN ) - ACQUISITION IS EXPECTED TO BE ACCRETIVE TO

TWIN

DISC'S U.S. GAAP EARNINGS WITHING TWENTY FOUR MONTHS

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