Asset manager Atlas Corp. to be acquired by Poseidon Acquisition in deal valued at $10.9 billion

Asset manager Atlas Corp. said Tuesday it has agreed to be acquired by Poseidon Acquisition Corp. in a deal with an enterprise value of about $10.9 billion. Poseidon was formed by affiliates of Fairfax Financial Holdings Limited, certain affiliates of the Washington Family, David Sokol, chairman of Atlas, and Ocean Network Express Pte. Ltd., and certain of their respective affiliates. The entity will pay $15.

said Tuesday it has agreed to be acquired by Poseidon Acquisition Corp. in a deal with an enterprise value of about $10.9 billion. Poseidon was formed by affiliates of Fairfax Financial Holdings Limited, certain affiliates of the Washington Family, David Sokol, chairman of Atlas, and Ocean Network Express Pte. Ltd., and certain of their respective affiliates. The entity will pay $15.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nikola Corp.'s (NKLA) stock drops with lowered truck production expectations - Phoenix Business JournalPhoenix-based Nikola said supply chain challenges and increased prices for commodities continue to pose problems with truck output. With uncertainty in the economy, customers are more hesitant to buy and passing on increased costs may increase their hesitancy.
Source: phxbizjournal - 🏆 254. / 63 Read more »