Primo Water Enters Into Agreement To Sell Significant Portion Of Its International Businesses For Up To $575M In Cash
Portfolio Pulse from Benzinga Newsdesk
Primo Water Corporation has entered into an agreement to sell a significant portion of its international businesses for up to $575 million in cash. The deal is expected to provide the company with additional liquidity and financial flexibility.
November 02, 2023 | 10:07 am
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Primo Water's decision to sell a significant portion of its international businesses could provide the company with additional liquidity and financial flexibility. This could potentially improve the company's financial health and make it more attractive to investors.
The sale of a significant portion of Primo Water's international businesses could provide the company with a substantial cash influx. This could improve the company's liquidity and financial flexibility, potentially making it more attractive to investors and positively impacting the stock price in the short term.
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