February 28, 2018 / 9:34 PM / 8 months ago

BRIEF-Securitas Agrees To Acquire Kratos Public Safety And Security Division

Feb 28 (Reuters) - ‍Securitas Ab:

* AGREED TO ACQUIRE DIVISION KRATOS PUBLIC SAFETY AND SECURITY FROM KRATOS DEFENSE & SECURITY SOLUTIONS ​

* SECURITAS AGREES TO ACQUIRE KRATOS PUBLIC SAFETY AND SECURITY DIVISION

* ‍PURCHASE PRICE IS ABOUT MSEK 550 ON CASH AND DEBT-FREE BASIS​

* ‍ACQUISITION IS EXPECTED TO BE NEUTRAL TO SECURITAS EARNINGS PER SHARE IN 2018 AND 2019, AND ACCRETIVE AS OF 2020​ Source text for Eikon: Further company coverage:

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