Remove 2024 Remove EBITDA Remove Net Debt
article thumbnail

United Rentals To Acquire H&E Equipment Service At Huge Premium In $4.8 Billion Deal

Benzinga

billion in net debt. adjusted EBITDA multiple for the trailing 12 months through September 2024, or 5.8x, including $130 million in cost synergies and $54 million in tax attributes. (NYSE: URI ) for around $4.8 billion, including $1.4 The acquisition price reflects a 6.9x

article thumbnail

Why Is Snap One Stock Jumping Premarket Monday?

Benzinga

billion, including net debt. represents a 32% premium to Snap One’s closing shares price on April 12, 2024. multiple on Snap One’s adjusted EBITDA for the twelve months ending December 29, 2023, further adjusted by including projected annual run-rate synergies of $75 million. NYSE: REZI ) for around $1.4

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Why Aerospace Company Triumph Shares Are Skyrocketing Today

Benzinga

Triumph anticipates using the majority of the proceeds, estimated at around $700 million after taxes, for debt reduction, aiming to reach a pro forma net leverage of about 4.0x net debt to Adjusted EBITDAP by March 2024. FY2024 EBITDA, or 9.9x when factoring in Full story available on Benzinga.com

article thumbnail

Air France-KLM initiates proceedings to take a majority stake in SAS

Benzinga

This contemplated transaction reflects the successful turnaround of SAS and the positive results generated by the commercial cooperation initiated in 2024. The value of Air France-KLM's contemplated investment in SAS would be determined at closing, based on SAS's latest financial performance – including EBITDA and Net Debt.

article thumbnail

Data Update 7 for 2025: The End Game in Business!

Musings on Markets

To the extent that you have cash on your balance, you will generate interest income which adds on to net income, but interest expenses on debt will reduce income, with the net effect being positive for companies with large cash balance, relative to the debt that they owe, and negative for firms with large net debt outstanding.

Equity 74
article thumbnail

Mattr Enters into Definitive Agreement to Acquire AmerCable for US$280m, Significantly Enhancing its Highly Engineered Wire and Cable Capabilities Within the U.S. Market and its Exposure to the Global Electrification Movement

Benzinga

08, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. times Adjusted EBITDA 1 of the AmerCable business for the trailing twelve-month ("TTM") period ended June 30, 2024. EBITDA, Adjusted EBITDA and Total Net Debt to Adjusted EBITDA, are non-GAAP measures. TORONTO, Nov. anti-trust review and approval.

EBITDA 45
article thumbnail

Advantage Solutions sells Strong Analytics to OneSix, marking another step in its business simplification

Benzinga

LOUIS, June 10, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. The company intends to use the majority of proceeds from the transaction to reinvest in its business and reduce its debt as it continues to progress toward its target of achieving a net-debt-to-adjusted-EBITDA ratio of less than 3.5