Friday - March 29, 2024
Cubic Agrees to Sell Its Training Services Business for Approximately $135 Million
April 19, 2018
SAN DIEGO, California, April 19 -- Cubic issued the following news release:

Cubic Corporation (NYSE: CUB) today announced that it has entered into a definitive agreement to sell its Cubic Global Defense (CGD) Services business to Valiant Integrated Services for $135 million cash at close on a debt free, cash free basis, plus $3 million of contingent consideration tied to certain contract wins expected over the next 12 to 24 months.

"Cubic is focused on maximizing l . . .

Targeted News Service Document Request Form

This document is available to you by e-mail if you complete the form below with relevant information. There may be a fee for this article or ongoing service of similar materials. We will be in touch shortly.

Name:
What's your
Affiliation
Government Newspaper / Media Business
Public Policy Individual / Student Educators
Email:
Phone:
Organization, if any:
State/Country you are in:
Additonal questions
or comments:

Click here for more information about our products

Click here for more information about our products