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Stock impact report

Jacobs Issues $1.3b Notes To Fund PA Consulting Growth Shift [Yahoo! Finance]

Jacobs Engineering Group Inc. (J) 
Last jacobs engineering group inc. earnings: 2/4 06:40 am Check Earnings Report
Company Research Source: Yahoo! Finance
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Jacobs Solutions (NYSE:J) has agreed to issue $1.3 billion in senior notes to help finance its acquisition of PA Consulting Group Limited. The acquisition has received strong shareholder approval and is now awaiting regulatory clearances. The deal is expected to materially expand Jacobs Solutions' consulting capabilities and reshape its overall business mix. For investors watching Jacobs Solutions at a share price of $137.86, this move comes after a 9.8% return over the past year, 38.9% over three years, and 50.4% over five years. The planned acquisition and related funding provide additional context to those longer term returns, as the company seeks to deepen its consulting footprint beyond its existing core operations. Looking ahead, key issues to watch include the timing and outcome of regulatory revie Show less Read more
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