Beacon Roofing Supply Inc - Ordinary Shares - Class A

NASDAQ:BECN   4:00:00 PM EDT
57.09
+0.39 (+0.69%)
Debt Financing / Related, Divestitures / Spin-offs, Other Pre-Announcement

Beacon Announces Agreement To Divest Interior Products Business

Published: 12/21/2020 16:37 GMT
Beacon Roofing Supply Inc - Ordinary Shares - Class A (BECN) - Press Release - Beacon Announces Agreement to Divest Interior Products Business.
Beacon Roofing Supply Inc Says $850 Million Purchase Price Provides Attractive Valuation for Beacon's Interior Products Business.
Beacon Roofing Supply - to Use Expected After-tax Proceeds of About $750 Million From Divestiture to Reduce Net Leverage and Strengthen Its Balance Sheet.
Beacon Roofing Supply - Intends to Update Fiscal 2021 Outlook, Reflecting Divestiture of Interior Products, As Part of Q1 Earnings Release.