BRIEF-Knife River Enters Definitive Agreement To Acquire Strata Corporation

Reuters
20 Dec 2024
BRIEF-Knife River Enters Definitive Agreement To Acquire Strata Corporation

Dec 20 (Reuters) - Knife River Corp KNF.N:

  • KNIFE RIVER ENTERS DEFINITIVE AGREEMENT TO ACQUIRE STRATA CORPORATION

  • DEAL VALUED AT $454 MILLION BASED ON STRATA'S PROJECTED 2025 ADJUSTED. EBITDA

  • TO USE CASH AND LONG-TERM DEBT TO FINANCE ACQUISITION

Source text: ID:nBw4z4MMja

Further company coverage: KNF.N

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

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