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Stock impact report

Leidos signs agreement to acquire ENTRUST Solutions in $2.4bn deal [Yahoo! Finance]

Leidos Holdings, Inc. (LDOS) 
Last leidos holdings, inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.leidos.com
Company Research Source: Yahoo! Finance
The transaction, which is expected to close by the end of the second quarter of 2026, subject to customary closing conditions and regulatory approvals, will be funded through a mix of new debt, available cash and commercial paper. Kohlberg initially acquired ENTRUST in 2019 and completed a minority recapitalisation in 2023; this sale represents an exit for the private equity firm. ENTRUST currently employs more than 3,000 professionals across 40 locations in North America. The company provides consulting, design and engineering services to a broad base of customers, with its expertise covering both gas and electric utilities across generation, transmission and distribution. Leidos expects the integration of ENTRUST to double the scale of its existing $600m energy infrastructure engineering business, which has shown sustained growth over the past eight years. The acquisition is expected to increase Leidos' access to utility sector markets and widen its client base among util Show less Read more
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