BRIEF-Redwire Announces Acquisition Of Edge Autonomy For $925 Million

Reuters
01-21
BRIEF-Redwire Announces Acquisition Of Edge Autonomy For $925 Million

Jan 20 (Reuters) - Redwire Corp RDW.N:

  • REDWIRE ANNOUNCES ACQUISITION OF EDGE AUTONOMY; TRANSFORMATIONAL TRANSACTION CREATES A MULTI-DOMAIN, SCALED AND PROFITABLE SPACE AND DEFENSE TECH COMPANY

  • REDWIRE CORP - TO ACQUIRE EDGE AUTONOMY FOR $925 MILLION

  • REDWIRE CORP - TRANSACTION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO REVENUE, EBITDA, AND FREE CASH FLOW

  • REDWIRE CORP - COMBINED COMPANY FORECASTS 2025 REVENUES OF $535M-$605M, EBITDA OF $70M-$105M

  • REDWIRE: TO PAY PURCHASE PRICE FOR DEAL IN COMBINATION OF $150 MILLION IN CASH & $775 MILLION IN SHARES OF CO'S COMMON STOCK ISSUED AT $15.07

Source text: ID:nBw683HFa

Further company coverage: RDW.N

((Reuters.Briefs@thomsonreuters.com;))

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