BRIEF-Knoll Plans To Acquire Muuto For About $300 Mln In Cash [Reuters]
Knoll, Inc (KNL)
Last knoll, inc earnings: 10/23 04:15 pm
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Source: Reuters
BRIEF-Knoll Plans To Acquire Muuto For About $300 Mln In Cash | Reuters Reuters Staff 1 Min Read Dec 12 (Reuters) - Knoll Inc: * KNOLL ANNOUNCES PLAN TO ACQUIRE MUUTO; MUUTO‘S FAST-GROWING AFFORDABLE LUXURY BRAND PERFECT COMPLEMENT TO KNOLL‘S TIMELESS DESIGN PORTFOLIO * KNOLL INC - ACQUISITION OF MUUTO FOR APPROXIMATELY $300.0 MILLION IN CASH * KNOLL INC -DEAL EXPECTED TO BE ACCRETIVE TO EARNINGS PER SHARE (EPS) IN 2018 * KNOLL INC - EPS ACCRETION FROM DEAL IS EXPECTED TO ACCELERATE TOWARDS $0.30 BY 2021 * KNOLL INC - INTENDS TO FUND ACQUISITION THROUGH CASH ON HAND AND BORROWINGS UNDER ITS CREDIT FACILITY Source text for Eikon: Further company coverage: All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2017 Reuters. All Rights Reserved. BRIEF-Knoll Plans To Acquire Muuto For About $300 Mln In Cash Dec 12 (Reuters) - Knoll Inc: * KNOLL ANNOUNCES PLAN TO ACQUIRE MUUTO; MUUTO‘S FAST-GROWING AFFORDABLE LUXURY BRAND PERFECT COMPLE
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