Edition:
India

P H Glatfelter Co (GLT.N)

GLT.N on New York Stock Exchange

15.61USD
13 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Glatfelter To Buy Georgia-Pacific's European Nonwovens Business For $185 Mln
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Glatfelter ::GLATFELTER TO ACQUIRE GEORGIA-PACIFIC’S EUROPEAN NONWOVENS BUSINESS FOR $185 MILLION.PLANS TO FINANCE ACQUISITION THROUGH A COMBINATION OF CASH ON HAND AND BORROWING UNDER ITS EXISTING REVOLVING CREDIT FACILITY.EXPECTS TO REALIZE SYNERGIES IN EXCESS OF APPROXIMATELY $6 MILLION PER YEAR WITHIN THREE YEARS.EXPECTS TO REALIZE SYNERGIES IN EXCESS OF APPROXIMATELY $6 MILLION PER YEAR WITHIN THREE YEARS AFTER DEAL.EXPECTS TO INCUR ONE-TIME COSTS OF APPROXIMATELY $7 MILLION FOR TRANSACTION FEES AND INTEGRATION, DUE TO ACQUISITION.  Full Article

BRIEF-Glatfelter Q1 Adjusted Earnings Per Share $0.19

* Q1 EARNINGS PER SHARE VIEW $0.26 -- THOMSON REUTERS I/B/E/S