BRIEF-Columbus Mckinnon To Combine With Kito Crosby Delivering Compelling Value Creation
Columbus McKinnon Corp CMCO.O:
COLUMBUS MCKINNON TO COMBINE WITH KITO CROSBY DELIVERING COMPELLING VALUE CREATION
COLUMBUS MCKINNON CORP - TRANSACTION VALUED AT APPROXIMATELY $2.7 BILLION
COLUMBUS MCKINNON CORP: TRANSACTION VALUED AT APPROXIMATELY $2.7 BILLION
COLUMBUS MCKINNON CORP: DEAL EXPECTED TO CREATE ABOUT $70 MILLION IN ANNUAL NET COST SYNERGIES
COLUMBUS MCKINNON: DEAL EXPECTED TO BE ACCRETIVE TO CO'S ADJUSTED EPS IN FIRST YEAR AFTER CLOSING AND GROW OVER TIME AS SYNERGIES ARE ACHIEVED
COLUMBUS MCKINNON- INTENDS TO FUND DEAL VIA COMMITTED DEBT FINANCING OF $3.050 BILLION FROM J.P. MORGAN
Source text: ID:nPn3D0NTga
Further company coverage: CMCO.O
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