Workflow
KBR to Acquire LinQuest for $737M, Fortifies Technology Business
KBRKBR(KBR) ZACKS·2024-07-18 16:45

In a bid to expand opportunities for revenue growth and meet customer and market demands, KBR, Inc. (KBR) recently inked a deal to acquire an engineering, data analytics and digital integration company — LinQuest Corporation.The acquisition is expected to be accretive to adjusted earnings per share (EPS) (excluding amortization from purchased intangible assets and non-recurring transaction costs) and is unanimously approved by the KBR board of directors. The deal is worth $737 million, inclusive of modest e ...