The Online Investor
Daily M&A
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
Construction M&A image Construction M&A » By The Online Investor Staff, updated Thu., Mar. 28, 6:48 AM Recent mergers and acquisitions in the Construction M&A category.

Slide #55. Jacobs Engineering Group Inc. Sinclair Knight Merz

Acquirer: Jacobs Engineering Group Inc. (JEC)
Acquiree: Sinclair Knight Merz
Details: Jacobs Engineering Group Inc. announced that it entered into a merger implementation agreement with Sinclair Knight Merz (SKM), a 6,500-person professional services firm headquartered in Australia, for approximately AUS$1.3 billion in cash (approximately US$1.2 billion as of the date of this release). The purchase price reflects an enterprise value of AUS$1.2 billion (US$1.1 billion) plus adjustments for cash, debt and other items.

Jacobs Engineering Group provides services including consulting, technical, scientific and project delivery for the government and private sector. Co.'s lines of business are: Critical Mission Solutions, which provides cybersecurity, data analytics, software application development, enterprise and mission information technology, systems integration and other technical consulting solutions to government agencies as well as aerospace, automotive and telecom customers; and People and Places Solutions, which provides end-to-end solutions for its clients' projects, whether connected mobility, water, smart cities, manufacturing or the environment.

Open the JEC Page at The Online Investor »

Company Name:  Jacobs Engineering Group, Inc.
Stock buyback:  JEC buyback
Website:  www.jacobs.com
Sector:  Business Services & Equipment
 

Open the JEC Page at The Online Investor (in a new window) »

March 28, 2024    6:48 AM Eastern
Quotes delayed 20 minutes

Email EnvelopeFree JEC Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Strong Buy (3.80 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Construction M&A - Slide 55 of 100 | www.TheOnlineInvestor.com | Copyright © 1998 - 2024, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.