Roper Technologies Inc

NYSE:ROP   3:59:56 PM EDT
+5.75 (+1.20%)
4:00:00 PM EDT: $486.76 -0.23 (-0.05%)
Divestitures / Spin-offs, Equity Investments, Earnings Announcements

Roper Technologies Says To Sell Transcore For $2.68 Billion

Published: 10/03/2021 04:16 GMT
Roper Technologies Inc (ROP) - Press Release - Roper Technologies to Sell Transcore for $2.68 Billion.
Roper Technologies Inc - Transcore is Expected to Generate Approximately $545 Million of Revenue and $135 Million of EBITDA in 2021.
Roper Technologies Inc - Definitive Agreement to Divest Its Transcore Business to Singapore Technologies Engineering Ltd for $2.68 Billion in Cash.
Roper Technologies Inc - Roper Will Retain Its Dat and Loadlink Network Software Businesses, Which It Acquired Together With Transcore in 2004.
Roper Technologies Inc - Roper Retained Evercore and Bofa Securities As Financial Advisors in Connection With This Transaction.
Roper Technologies Inc - Roper Expects to Account for Results of Transcore As Discontinued Operations When It Reports Its Q3 2021 Financial Results.
Roper Technologies Inc - Expects This Transaction to Close in Q1 of 2022, Subject to Customary Closing Conditions, Including Regulatory Approvals.
Revenue is expected to be $1.66 Billion
Adjusted EPS is expected to be $3.96

Next Quarter Revenue Guidance is expected to be $1.56 Billion
Next Quarter EPS Guidance is expected to be $3.80

More details on our Analysts Page.