Jacobs (J) to Spin-off and Merge Critical Mission Solutions and Cyber & Intelligence Government Services Businesses with Amentum, Will Create Separate Publicly Traded Company

Go back to Jacobs (J) to Spin-off and Merge Critical Mission Solutions and Cyber & Intelligence Government Services Businesses with Amentum, Will Create Separate Publicly Traded Company

Jacobs to Spin-off and Merge its Critical Mission Solutions and Cyber & Intelligence Government Services Businesses with Amentum, Creating an Independent, Publicly Traded Company

November 20, 2023 10:30 PM EST

Combination creates a scaled, pure play government technology solutions company positioned to address many of the world's most complex and critical challenges

Jacobs and Jacobs' shareholders to own up to 63% of the new combined company

Jacobs to receive $1 billion cash dividend at closing, plus additional value after closing, through disposition of a retained stake in the combined company

Tax efficient transaction expected to drive significant value for Jacobs' shareholders, including through an estimated $50-70 million of net cost... More