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Post Holdings Inc (POST.N)

POST.N on New York Stock Exchange

84.93USD
21 Apr 2017
Change (% chg)

$-0.47 (-0.55%)
Prev Close
$85.40
Open
$85.08
Day's High
$85.39
Day's Low
$84.21
Volume
499,496
Avg. Vol
166,663
52-wk High
$89.00
52-wk Low
$69.02

Latest Key Developments (Source: Significant Developments)

Post Holdings to acquire Weetabix for 1.4 bln stg
Tuesday, 18 Apr 2017 03:45am EDT 

April 18 (Reuters) - Post Holdings Inc :Post Holdings to acquire Weetabix for £1.4 billion.Deal immediately accretive to post's adjusted EBITDA margins and free cash flow, excluding one-time transaction expenses.Says reaffirms certain fiscal 2017 guidance and provides preliminary Q2 financial results.Sally Abbott, Weetabix's director of marketing, will become managing director of Weetabix UK and Ireland.Post Holdings -expects Weetabix to contribute approximately £120 million of adjusted EBITDA on an annual basis before realization of cost synergies.Post Holdings - agreed in principle to establish JV with Bright Food Group and fund advised by baring private equity asia to manage Weetabix China operations.Post Holdings - will acquire Weetabix for £1.4 billion on a cash free, debt free basis, subject to certain adjustments as described in purchase agreement.Giles Turrell, Weetabix's current CEO, will assume role of chairman of Weetabix.Post Holdings - to fund deal with combination of cash on hand and borrowings under revolving credit facility or new senior secured term loan facility.Sees preliminary Q2 2017 net sales of approximately $1.25 billion.Sees preliminary Q2 2017 net loss of approximately $4 million; and preliminary Q2 adjusted EBITDA of approximately $228 million.  Full Article

Post holdings to acquire Weetabix in $1.76 bln deal- source
Monday, 17 Apr 2017 03:45pm EDT 

April 17 (Reuters) - :Post Holdings to acquire Weetabix in $1.76 billion deal- source.  Full Article

Post Holdings close to $1.5 bln deal for Weetabix- FT
Monday, 17 Apr 2017 03:33pm EDT 

April 17 (Reuters) - :US cereal maker Post Holdings close to $1.5 billion deal for Weetabix- FT, citing sources.  Full Article

Post Holdings on March 28, entered into an amended, restated credit agreement
Friday, 31 Mar 2017 05:35pm EDT 

Post Holdings Inc : Post Holdings Inc- on March 28, entered into an amended and restated credit agreement - sec filing . Post Holdings-agreement, which amends, restates credit agreement provides for revolving credit facility in an aggregate principal amount of $800.0 million . Post Holdings Inc - outstanding amounts under revolving credit facility must be repaid on or before March 28, 2022 .Post Holdings Inc - intends to use proceeds of loans under A&R credit agreement for working capital, acquisitions and other general corporate purposes.  Full Article

POST HOLDINGS ANNOUNCES PRICING OF SENIOR NOTES OFFERINGS
Monday, 6 Feb 2017 05:28pm EST 

Post Holdings Inc : POST HOLDINGS ANNOUNCES PRICING OF SENIOR NOTES OFFERINGS . PRICED $1,000.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.50% SENIOR NOTES DUE 2025 AT PAR . COMPANY PRICED $750.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.75% SENIOR NOTES DUE 2027 AT PAR . INTENDS TO USE NET PROCEEDS FROM PROPOSED OFFERING TO REDEEM ITS 6.75% SENIOR NOTES DUE 2021 AND ITS 7.375% SENIOR NOTES DUE 2022 .$1,750.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF NOTES REPRESENTED AN INCREASE FROM ORIGINAL OFFERING SIZE OF $1,500.0 MILLION.  Full Article

Post Holdings announces commencement of senior notes offerings
Monday, 6 Feb 2017 07:25am EST 

Post Holdings Inc : Post holdings announces commencement of senior notes offerings . Post holdings announces commencement of senior notes offerings . Post holdings inc says intends to commence $1,500.0 million in aggregate principal amount of senior notes due 2025 and senior notes due 2027 .Post holdings inc - intends to use net proceeds from proposed offering to redeem its 6.75% senior notes due 2021 and its 7.375% senior notes due 2022.  Full Article

Post Holdings reports Q1 EPS $1.22
Thursday, 2 Feb 2017 05:01pm EST 

Post Holdings Inc - : Post Holdings reports results for the first quarter of fiscal year 2017 . Q1 earnings per share $1.22 . Q1 sales $1.25 billion versus I/B/E/S view $1.24 billion . Q1 earnings per share view $0.55 -- Thomson Reuters I/B/E/S . Q1 adjusted earnings per share $0.62 . Updated adjusted ebitda non-gaap guidance range for fiscal year 2017 of $920-$950 million . Post management continues to expect fiscal 2017 capital expenditures to range between $180-$200 million . Maintenance capital expenditures for fiscal 2017 are expected to range between $120-$140 million .Expect fiscal 2017 capital expenditures to range between $180-$200 million.  Full Article

Post Holdings says CEO Vitale's 2016 total compensation was $18 mln - SEC filing
Thursday, 8 Dec 2016 07:32am EST 

Post Holdings Inc :Post Holdings Inc - CEO Robert V. Vitale's 2016 total compensation was $18 million versus $9.5 million in 2015 - SEC filing.  Full Article

Post Holdings to acquire National Pasteurized Eggs
Thursday, 1 Sep 2016 08:00am EDT 

Post Holdings Inc : Post Holdings to acquire National Pasteurized Eggs . Post Holdings Inc says terms of transaction were not disclosed . Terms of transaction were not disclosed. . Upon completion of acquisition, NPE will be combined with Post's existing Michael Foods egg business .Post Holdings Inc says anticipates completing acquisition early in its Q1 of fiscal 2017.  Full Article

Post Holdings prices senior notes offering
Monday, 25 Jul 2016 04:46pm EDT 

Post Holdings Inc : Post Holdings announces pricing of senior notes offering .Priced $1,750.0 million aggregate principal amount of 5.00% senior notes due 2026 at par.  Full Article

More From Around the Web

Photo

U.S. Post Holdings tucks into British breakfast cereal Weetabix

LONDON/SHANGHAI/NEW YORK Post Holdings is buying leading British breakfast cereal brand Weetabix from China's Bright Food Group Co Ltd [SHMNGA.UL] for 1.4 billion pounds ($1.8 billion), giving the U.S.-focused company a European base on which to build. | Video