- World Fuel Services (INT) agrees to acquire Watson Petroleum, a distributor of gasoline, diesel, heating oil, lubricants and other products and related services across England and Wales, for £117M ($191M).
- Watson is one of the largest fuel distributors in the U.K., with expected 2013 revenue of $2.2B.
- INT expects non-GAAP accretion, which excludes amortization of acquired intangible assets of ~$0.10/share, of $0.28-$0.32 in the first 12 months.
From other sites
at Nasdaq.com (Mar 16, 2015)
at MarketWatch.com (Dec 24, 2014)
at Nasdaq.com (Dec 17, 2014)
at Nasdaq.com (Dec 15, 2014)
at Nasdaq.com (Dec 9, 2014)
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