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Brinks Co (BCO.N)

BCO.N on New York Stock Exchange

80.45USD
8 Dec 2017
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Thu, Nov 16 2017

BRIEF-Brinks Co board amends bylaws to decrease board size

* On Nov 9, board approved amendment to co's bylaws to decrease number of persons serving on board to reflect Peter Feld's retirement

BRIEF-Brinks Co says expects acquisitions totaling $400 mln per year in 2018 and 2019​

* Brinks Co - ‍management provides initial 2018 EBITDA target of $500 to $525 million, updates 2017 guidance​

BRIEF-Brink’s appoints Dan Henry to board, announces pending resignation of Peter Feld from board

* Brink’s appoints Dan Henry to board of directors and announces pending resignation of Peter Feld from board

BRIEF-Brink's prices $600 million senior notes offering

* Brinks co - notes will be issued at par, will mature on October 15, 2027 and will bear an annual interest rate of 4.625 pct

BRIEF-Brink's announces plans for $500 million senior notes offering

* Brink's announces plans for $500 million senior notes offering

BRIEF-Brink's announces plans for $1.5 billion credit facility

* Brinks co - new $1.5 billion senior secured credit facility includes a $1.0 billion revolving credit facility and a $500 million term loan a facility

BRIEF-Workhorse Group Inc sells off two electric trucks to Brink's Co

* Workhorse Group Inc - announced that Brink's has purchased two Workhorse Class 5 E-GEN and E-100 chassis, paired with a Brink's custom logistics body Source text for Eikon: Further company coverage:

BRIEF-Brink's Q2 non-GAAP earnings per share $0.64

* Brinks - 2019 targets includes revenue of $3.6 billion, operating profit of $400 million, adjusted ebitda of $560 million, earnings of $4.25 per share

BRIEF-Brink's in exclusive negotiations to acquire Temis in France

* Brink's in exclusive negotiations to acquire Temis in france

BRIEF-Brinks to acquire cash management operations in Argentina

* Brinks Co - ‍acquisition is expected to be significantly accretive to net income in 2019​

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