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Stock impact report

BlueTriton combines with US peer Primo Water [Yahoo! Finance]

Primo Water Corporation (PRMW) 
Last primo water corporation earnings: 11/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.primowater.com
Company Research Source: Yahoo! Finance
to merge, forming a combined “healthy hydration” company named NewCo. new entity / enlarged business BlueTriton shareholders will own 57% of the fully diluted shares of the enlarged business, while Primo Water will own the remaining 43% in an all-stock deal. The enlarged business will be dual headquartered in Tampa, Florida and Stamford, Connecticut. Primo Water CEO Robert Rietbroek will become CEO while Primo Water CFO David Hass will become CFO. Rob Austin, chief operating officer of BlueTriton, will serve as COO. The combined company will have “significant financial and operating presence”, according to a Primo Water statement. Primo Water said the new entity will have a “diversified portfolio of iconic brands to provide high-quality service to consumers across product formats, channels, price points and usage occasions”. “It will have a leading healthy hydration brand portfolio complemented by the convenience of a sustainable delivery platform with extensive reach to se Show less Read more
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