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Deal Dispatch: TV Stations For Sale, This Buyer Wants Seconds On Pasta

Benzinga

Post plans to wipe out 8th Avenue's net debt and pick up the tab for all equity interests, including $111 million in finance leases. All in, the transaction is expected to cook up $15 million in annual synergies by the end of fiscal 2026. If Post closes by July 1, it expects 2026 to be more profitable.

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Diamondback Energy, Inc. Announces Midland Basin Acquisition

Benzinga

As a result, Diamondback expects significant Free Cash Flow growth in 2026 and beyond with minimal capital deployment through this accelerated development plan. billion of non-core assets to accelerate pro forma debt reduction in order to maintain its strong balance sheet. Diamondback is also committing today to sell at least $1.5

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WSP to Acquire Power Engineers Setting a Milestone for Accelerated Growth

Benzinga

4 Expected to be immediately accretive to WSP's adjusted net earnings per share 5 before synergies. WSP expects 2026 Accretion 3 (as defined below) to be in mid-single digits once cost synergies are fully realized. pro forma net debt to adjusted EBITDA ratio 3 upon closing 7. Acquisition price represents 15.2x

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RPT Realty Reports Third Quarter 2022 Results; Raises Full Year 2022 Outlook

Benzinga

Including the Company's pro-rata share of joint venture cash and debt of $4.5 million, respectively, results in a third quarter 2022 net debt to annualized adjusted EBITDA ratio of 7.0x. million of undrawn forward equity, the net debt to annualized adjusted EBITDA ratio would be 6.0x. million and $53.7

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Amplify Energy and Juniper Capital Announce Amendment to the Merger Agreement

Benzinga

The amended agreement will now provide for Juniper to contribute an incremental $10 million of cash to further reduce the net debt of the combined companies. million shares of Amplify common stock and assume approximately $133 million in net debt ( 1). Such incremental contribution was agreed to in Amendment No.

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Stantec to acquire Page, a US-based full-service design, architecture, and engineering firm

Benzinga

net debt to adjusted EBITDA. The terms of the transaction are not disclosed. Stantec intends to fund the acquisition through existing funds and credit facilities. Post close, the Company expects to remain within its internal range of 1.0x Full story available on Benzinga.com

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Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Benzinga

billion, including Sitio's net debt of approximately $1.1 at closing at strip pricing and decreasing thereafter; near-term net debt target of $1.5 NRI in approximately 33,300 gross producing horizontal wells (~608 net wells) Approximately 75.4 billion as of March 31, 2025. billion which equates to less than 1.0x