Glatfelter Corporation

NYSE:GLT   3:59:58 PM EDT
15.01
+0.58 (+4.02%)
Other Pre-Announcement

Glatfelter To Acquire Jacob Holm For An Enterprise Value Of ~$308 Million

Published: 07/22/2021 11:45 GMT
Glatfelter Corporation (GLT) - Glatfelter to Acquire Jacob Holm for an Enterprise Value of ~$308 Million.
Glatfelter Corp - Expects to Realize Annual Cost Synergies of Approximately $20 Million Within 24 Months of Closing.
Glatfelter - Believes Jacob Holm's June Ltm Results Include a Benefit From Covid-related Demand Estimated to Be Between $10 Million and $15 Million of EBITDA.