Shawcor to Acquire ZCL Composites

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Jan 21, 2019
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  • Purchase price of $10.00 per share, representing an aggregate equity value of $308 million
  • Low double-digit adjusted EPS1 accretion to Shawcor in the first year post closing
  • Financed with cash and new credit facility
  • Expected closing early in the second quarter of 2019