Reuters logo
5 个月前
BRIEF-3M to acquire Scott Safety from Johnson Controls
2017年3月16日 / 下午1点29分 / 5 个月前

BRIEF-3M to acquire Scott Safety from Johnson Controls

March 16 (Reuters) - 3M Co

* 3M to acquire Scott Safety from Johnson Controls

* 3M Co - total enterprise value of $2.0 billion

* 3M Co - 3M will finance transaction through a combination of cash and debt

* 3M Co - on a GAAP reported basis, 3M estimates acquisition to be $0.10 dilutive to earnings in first 12 months following completion of transaction

* 3M Co - 3M estimates acquisition to be $0.10 accretive to earnings over same period

* 3M Co - excluding purchase accounting adjustments and anticipated one-time expenses , estimates acquisition to be $0.10 accretive to earnings

* 3M Co - Citi and Goldman Sachs & Co. acted as financial advisors to 3M and Cleary Gottlieb Steen & Hamilton Llp acted as legal counsel to 3M Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below