BlueTriton, Primo Water merger will “add competitiveness to market”, executives say [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
The merger of the two companies was announced yesterday (18 June). Under the terms of the deal, BlueTriton shareholders will take 57% of the fully diluted shares of the new group, while Primo Water will secure the remaining 43%. The net revenue of the new company will sit at $6.5bn, while adjusted EBITDA will be $1.5bn. The deal is expected to include up to $200m in estimated cost synergies, achieved over the next three years. Speaking to analysts on a conference call following the announcement of the deal, Robbert Rietbroek, the CEO of Primo Water and the planned chief executive of the new company said it would hold: "a share... that was less than 3% of an overall $252bn beverages category in North America". He added: "And if you look at the retail side of things, it's $135bn industry, [that] would be just below five share, so really, with a very low market share, forming a company that will continue to be a challenger to the much larger beverage companies that are out there
Show less
Read more
Impact Snapshot
Event Time:
PRMW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PRMW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PRMW alerts
High impacting Primo Water Corporation news events
Weekly update
A roundup of the hottest topics
PRMW
News
- Is Now An Opportune Moment To Examine Primo Water Corporation (TSE:PRMW)? [Yahoo! Finance]Yahoo! Finance
- Primo Water, BlueTriton receive all regulatory approvals for all-stock merger [Seeking Alpha]Seeking Alpha
- Primo Water and Bluetriton Brands Announce Receipt of All Regulatory Approvals In Connection With Their All-Stock Combination [Yahoo! Finance]Yahoo! Finance
- Primo Water and Bluetriton Brands Announce Receipt of All Regulatory Approvals In Connection With Their All-Stock CombinationPR Newswire
- Primo Water Co. (NYSE: PRMW) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
PRMW
Earnings
- 8/8/24 - Beat
PRMW
Sec Filings
- 9/27/24 - Form DEFA14A
- 9/10/24 - Form SC
- 9/5/24 - Form DEFA14A
- PRMW's page on the SEC website