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Stock impact report

Advanced Drainage Systems Announces Acquisition of National Diversified Sales, a Subsidiary of Norma Group Se

Advanced Drainage Systems, Inc. (WMS) 
Last advanced drainage systems, inc. earnings: 2/6 06:40 am Check Earnings Report
US:NYSE Investor Relations: investors.ads-pipe.com
Company Research Source: Business Wire
Adds Complementary New Offerings in Attractive Allied Products Enhances Go-to-Market Capabilities in retail and distributor channelsExpands Addressable Market with Complementary Product Portfolio and SegmentsUnlocks Significant Value Creation Potential with Over $25 Million in Expected Annual Cost Synergies HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries today announced that it has entered into a definitive stock purchase agreement under which ADS will acquire the water management business of Norma Group SE (DAX: NOEJ), known as National Diversified Sales (“NDS”), in an all-cash transaction valued at approximately $1.0 billion, or approximately $875 million when adjusted for the present value of the expected tax benefits.This combination brings together complementary water management solutions to expand ADS’ offering i Show less Read more
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