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BRIEF-Kirby Corp to buy Stewart & Stevenson LLC for about $710 mln
2017年6月13日 / 晚上8点46分 / 2 个月前

BRIEF-Kirby Corp to buy Stewart & Stevenson LLC for about $710 mln

June 13 (Reuters) - Kirby Corp

* Kirby corporation enters agreement to purchase stewart & stevenson llc

* Kirby corp - deal for approximately $710 million

* Kirby - agreement was signed on june 13 by hushang ansary, executive chairman of stewart & stevenson, and joseph h. Pyne, executive chairman of kirby corporation

* Kirby corp - purchase will be funded equally through kirby's revolving credit facility and kirby common stock valued at approximately $355 million

* Kirby corp says entered agreement to acquire substantially all of assets and businesses of stewart & stevenson llc

* Kirby corp says expect this acquisition will be modestly accretive to 2017 earnings per share

* Kirby corp - expect more meaningful accretion in 2018 from deal Source text for Eikon: Further company coverage:

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