Vector Group Agrees To $2.4B Buyout By JT Group: Details
Vector Group Agrees To $2.4B Buyout By JT Group: Details
The transaction, subject to customary closing conditions, is expected to close in the fourth quarter of 2024.Vector Group Ltd. (NYSE:VGR) shares are trading higher after the company reached a definitive agreement to be acquired by Japan's JT Group for a total equity value of about $2.4 billion.
Vector Group股票(NYSE:VGR)正在交易，此前該公司與日本的Jt Group達成了一項明確協議，以約24億美元的股權總價被收購。
Vector Group is a holding company for Liggett Group LLC, Vector Tobacco LLC, and New Valley LLC. Based in Geneva, Switzerland, JT Group's global tobacco business produces and sells renowned brands like Winston, Camel (outside the U.S.), MEVIUS, and LD in over 130 markets worldwide.
Vector Group是Liggett Group LLC、Vector Tobacco LLC和New Valley LLC的控股公司。總部位於瑞士日內瓦的Jt Group全球菸草業務在全球130多個市場生產和銷售著名品牌，如Winston、Camel (美國以外)、MEVIUS和LD。
As per the agreement, JT Group will offer to acquire all outstanding shares of Vector Group common stock through a tender offer and second-step merger for $15.00 per share in cash, reflecting a 29.9% premium over the 60-day volume-weighted average share price.
根據協議，Jt Group將通過要約收購和第二階段併購以15.00美元現金對每股Vector Group普通股進行收購，反映出對60日成交量加權平均股價的29.9%溢價。
The transaction, subject to customary closing conditions, is expected to close in the fourth quarter of 2024.
此交易預計將在2024年第四季度根據慣例的結束條件完成。
Howard M. Lorber, President and Chief Executive Officer of Vector Group, said, "This transaction delivers significant value to Vector Group stockholders and creates opportunities for our employees, who will become part of a leading global organization."
Vector Group的總裁兼首席執行官Howard m. Lorber表示：「此次交易爲Vector Group的股東帶來了巨大價值，爲我們的員工創造了機會，他們將成爲全球領先組織的一部分。」
In July, Vector Group reported second-quarter adjusted EPS of $0.34, beating the consensus of $0.30, and sales of $371.914 million, exceeding the street view of $362.900 million.
7月，Vector Group報告了第二季度調整後的每股收益爲0.34美元，超過了預期的0.30美元，銷售額爲37191.4萬美元，超過了預期的36290萬美元。
Investors can gain exposure to the stock via Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) and Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD).
投資者可以通過Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC)和Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD)獲得對該股票的敞口。
Price Action: VGR shares are up 7.58% at $15.05 premarket at the last check Wednesday.
價格走勢：截至最後一次檢查——週三，VGR股票上漲7.58%，報15.05美元。
Image by svklimkin from Pixabay
來自Pixabay的svklimkin圖片
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譯文內容由第三人軟體翻譯。
