CAMP Systems Inc. entered into a definitive agreement to acquire Avinode AB from World Kinect Corporation (NYSE:WKC) for approximately $200 million on March 12, 2024. The seller intends to use the net proceeds from this strategic sale to repay debt, reducing annual run rate of interest expense by approximately $10 million. The closing of the transaction is subject to customary closing conditions, including regulatory approvals, and is expected to be completed within the next 60 days.
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5-day change | 1st Jan Change | ||
25.74 USD | -0.21% | -1.72% | +12.99% |
EPS Revisions
1st Jan change | Capi. | |
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+12.99% | 154.64Cr | |
-16.23% | 522.65Cr | |
-9.23% | 404.75Cr | |
-20.24% | 367.28Cr | |
-9.46% | 333.72Cr | |
+23.40% | 323.49Cr | |
+19.47% | 292.89Cr | |
+8.47% | 195.57Cr | |
+8.13% | 155.04Cr | |
+19.12% | 113.85Cr |
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- CAMP Systems Inc. entered into a definitive agreement to acquire Avinode AB from World Kinect Corporation for approximately $200 million.