Woodward Announces Completion of L’Orange Acquisition
Woodward, Inc. (WWD)
Last woodward, inc. earnings: 2/3 04:05 pm
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Source: GlobeNewswire
FORT COLLINS, Colo., June 04, 2018 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced the closing of the transaction to acquire L’Orange GmbH and its related operations for an enterprise value of €700 million (US$811 million1). The acquisition of L’Orange is a strong strategic fit for Woodward, bringing a world-class OEM partnership, excellent technology and innovation, and a large installed base that we believe will enhance growth and profitability for Woodward and specifically our Industrial segment. 1 Conversion to United States Dollars (“USD”) for the purposes hereof is based on a foreign currency exchange rate equal to $1.158 USD per €1 Euro as of May 29, 2018, the date Woodward executed cross-currency swaps of USD for Euro in connection with the financing of this transaction. About Woodward, Inc. Woodward is an independent designer, manufacturer, and service provider of control solutions for the aerospace and industrial markets. The company’s innovative fluid
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WWD
Earnings
- 1/29/24 - Beat
WWD
Sec Filings
- 4/24/24 - Form 8-K
- 4/11/24 - Form 4
- 3/28/24 - Form 8-K/A
- WWD's page on the SEC website