Close

Air Products (APD) plans to pursue accretive acquisitions with deal cash - Bloomberg

May 6, 2016 12:24 PM EDT

Air Products (NYSE: APD) plans to pursue accretive acquisitions with deal cash, according to Bloomberg, citing the company's conference call today. The company will also move to purchase stock in lieu of acquisitions.

targets BB/Ba rating for Versum spinoff and sees leverage at 3.5 - 4.0 times.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Mergers and Acquisitions, Spinoffs, Stock Buybacks, Trader Talk