Rada Electronic Industries

NASDAQ:RADA   3:59:55 PM EDT
9.25
-0.06 (-0.64%)
Other Pre-Announcement, Mergers / Acquisitions

Leonardo sees minimal impact on 2022 guidance from DRS-RADA deal, CFO says

Published: 06/21/2022 07:15 GMT
Rada Electronic Industries (RADA) - Italy's Leonardo CFO Says Drs Merger With Rada Will Have Minimal Impact on Leonardo 2022 Growth Guidance.
Italy's Leonardo CFO Says Valuation for Rada Incorporates Premium, Which is Roughly in Range of 20%.
Leonardo Drs CEO Says We Are Not Expecting Any Issue in Terms of Regulatory Approval of Deal With U.S. Securities Requirement.
Leonardo Drs CEO Says Co is Confident Deal is Going to Be Welcomed by U.S. Government.
Further Company Coverage: Ldof.
Mi.
(reporting by Milan Newsroom).