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Aegion (AEGN) to be Acquired by Affiliates of New Mountain Capital for $26/sh

Go back to Aegion (AEGN) to be Acquired by Affiliates of New Mountain Capital for $26/sh

Aegion Enters Into Definitive Agreement to be Acquired by Affiliates of New Mountain Capital

February 16, 2021 8:45 AM EST

Aegion Stockholders to Receive $26.00 per Share in Cash

Total Enterprise Value of $963 Million Including Net Debt

Transaction Implies a 28% Premium Over the 30-Day Volume Weighted Average Share Price

Company Expects 2020 Fourth Quarter and Full Year Financial Results to be in Line with Expectations

ST. LOUIS, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Aegion Corporation (NASDAQ: AEGN), a leading provider of infrastructure maintenance, rehabilitation and protection solutions, today announced that it has entered into a definitive merger agreement with... More