BRIEF-Leidos to acquire power design firm ENTRUST, bolstering its energy infrastructure portfolio

Reuters01-26
BRIEF-Leidos to acquire power design firm ENTRUST, bolstering its energy infrastructure portfolio

Jan 26 (Reuters) - Leidos Holdings Inc LDOS.N:

  • LEIDOS TO ACQUIRE POWER DESIGN FIRM ENTRUST, BOLSTERING ITS ENERGY INFRASTRUCTURE PORTFOLIO

  • LEIDOS - TO BUY ENTRUST FOR $2.4 BILLION

  • LEIDOS - TO FUND $2.4B DEAL WITH DEBT AND CASH

  • LEIDOS - DEAL EXPECTED TO BE ACCRETIVE TO REVENUE AND ADJUSTED EBITDA AND ACCRETIVE TO NON-GAAP DILUTED EARNINGS PER SHARE IN 2027

Source text: ID:nPn3YB8Pza

Further company coverage: LDOS.N

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