BAE SYSTEMS PLC Completion of Ball Aerospace acquisition
17 February 2024 - 1:59AM
RNS Regulatory News
RNS Number : 4965D
BAE SYSTEMS PLC
16 February 2024
BAE SYSTEMS PLC
16 February 2024
BAE Systems completes
acquisition of Ball Aerospace
Further to the announcement of 14
February 2024, BAE Systems has now completed the acquisition of
Ball Aerospace from Ball Corporation. The
transaction closed at a purchase price of $5.5 billion
(approximately £4.4 billion), which has been funded through
existing cash and new external debt.
As previously stated, BAE
Systems will provide 2024 Group guidance at our preliminary
results on 21 February 2024 incorporating the
acquisition.
- ENDS -
For further information please
contact:
Investors Media
Relations
Martin
Cooper
Kristina Anderson
Investor Relations
Director
Director, Media Relations
Telephone: +44 (0)1252
383455
Telephone: +44 (0)7540 628673
Email: investors@baesystems.com
Email: kristina.anderson@baesystems.com
Cautionary statement:
All statements other than statements
of historical fact included in this announcement including, without
limitation, those regarding the financial condition, results,
operations and businesses of BAE Systems and its strategy, plans
and objectives and the markets and economies in which it operates,
are forward-looking statements. Such forward-looking statements
which reflect management's assumptions made on the basis of
information available to it at this time, involve known and unknown
risks, uncertainties and other important factors which could cause
the actual results, performance or achievements of BAE Systems or
the markets and economies in which BAE Systems operates to be
materially different from future results, performance or
achievements expressed or implied by such forward-looking
statements. BAE Systems plc and its directors accept no liability
to third parties in respect of any such forward-looking
statements.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
ACQZQLFFZLLEBBD
Bae Systems (LSE:BA.)
Historical Stock Chart
From Mar 2024 to Apr 2024
Bae Systems (LSE:BA.)
Historical Stock Chart
From Apr 2023 to Apr 2024