Reuters logo
BRIEF-Ichor announces acquisition of Talon Innovations
November 9, 2017 / 10:05 PM / in 11 days

BRIEF-Ichor announces acquisition of Talon Innovations

Nov 9 (Reuters) - Ichor Holdings Ltd

* Ichor announces acquisition of Talon Innovations

* Ichor Holdings - co’s unit ‍Ichor Holdings has entered into a stock purchase agreement for acquisition of talon innovations corporation for $130 million​

* Ichor Holdings - co is financing deal with about $10 million cash on hand, $120 million of incremental borrowing as per amendment to Ichor’s current credit facility​

* Ichor Holdings - ‍acquisition projected to be accretive to ICHOR‘S gross profit, gross margin and non-GAAP adjusted diluted earnings per share in 2018​ Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
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