Acuity Brands, Inc.

NYSE:AYI   3:59:59 PM EDT
-4.34 (-2.17%)
Other Pre-Announcement, Mergers / Acquisitions

Acuity Brands & Ams Osram Reach Agreement For Acuity To Acquire Ams Osram Digital Systems Business In North America

Published: 06/04/2021 06:15 GMT
Acuity Brands, Inc. (AYI) - Acuity Brands and Ams Osram Reach an Agreement for Acuity to Acquire Ams Osram Digital Systems Business in North America.
Acuity Expects Transaction to Close During Summer of 2021.
Parties Have Agreed Not to Disclose Financial Details Or Other Terms of Transaction.
Acuity Brands- Acuity's Acquisition of Ams Osram's North American Ds Business Includes Approximately 1,100 Associates in U.S., Canada, and Mexico.
Until Close, Companies Will Continue to Operate Independently.