Olin To Acquire White Flyer Targets Business; Acquisition Includes White Flyer's Five State Of The Art Manufacturing Facilities; Expected To Be Completed In Q4 With Olin Funding Transaction With Cash On Hand
Portfolio Pulse from Benzinga Newsdesk
Olin Corporation is set to acquire White Flyer Targets business, which includes five state-of-the-art manufacturing facilities. The acquisition is expected to be completed in Q4 and will be funded by Olin's cash on hand.
August 23, 2023 | 1:03 pm
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Olin Corporation's acquisition of White Flyer Targets business could potentially strengthen its manufacturing capabilities and diversify its business operations.
The acquisition of White Flyer Targets business, which includes five manufacturing facilities, could potentially enhance Olin's manufacturing capabilities. This could lead to increased production efficiency and cost savings, which could positively impact Olin's financial performance and stock price in the short term.
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