Worthington Enterprises Signs Agreements With Hexagon Composites To Acquire Hexagon Ragasco For $98M
Portfolio Pulse from Benzinga Newsdesk
Worthington Enterprises has signed agreements with Hexagon Composites to acquire Hexagon Ragasco for $98 million.
May 29, 2024 | 3:04 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Worthington Enterprises has signed agreements to acquire Hexagon Ragasco from Hexagon Composites for $98 million. This acquisition could potentially expand Worthington's market presence and product offerings.
The acquisition of Hexagon Ragasco by Worthington Enterprises is likely to positively impact WOR's stock price in the short term due to the potential for expanded market presence and product offerings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100