Novanta Inc

NASDAQ:NOVT   3:59:54 PM EDT
137.89
+1.70 (+1.25%)
Debt Financing / Related, Other Pre-Announcement, Mergers / Acquisitions

Novanta Announces Agreement To Acquire ATI

Published: 07/19/2021 12:20 GMT
Novanta Inc (NOVT) - Novanta Announces Agreement to Acquire Ati.
Novanta Inc - Deal for For $172 Million Upfront in Cash and Additional Contingent Cash Payments Associated With 2021 Financial Performance.
Novanta Inc - Transaction Will Be Financed Using Available Cash and Company's Revolving Credit Facility.
Novanta Inc - Acquisition is Expected to Be Accretive to Novanta's Free Cash Flow and Non-GAAP Earnings per Share on a Full Year Basis.