Jacobs Announces Filing Of Form 10 Registration Statement For Planned Spin-Off Of Critical Mission Solutions And Cyber & Intelligence Businesses And Merger With Amentum Expected To Close In The Second Half Of Q4 2024
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Jacobs (NYSE:J) has filed a Form 10 with the SEC for the planned spin-off of its Critical Mission Solutions and Cyber & Intelligence businesses. The spin-off will merge with Amentum and is expected to close in Q4 2024, forming Amentum Holdings, Inc.
July 16, 2024 | 10:02 pm
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Jacobs has filed a Form 10 for the spin-off of its Critical Mission Solutions and Cyber & Intelligence businesses, which will merge with Amentum. The transaction is expected to close in Q4 2024, forming Amentum Holdings, Inc.
The spin-off and merger are significant corporate actions that could unlock value for shareholders. The formation of Amentum Holdings, Inc. as a leading global engineering and technology solutions provider is likely to be viewed positively by the market.
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