Acuity Announces Agreement To Acquire QSC For A Purchase Price Of $1.215B; Transaction Expected To Close In Q2 2025 And Be Accretive To Acuity Brands Fiscal 2025 Full-Tear Adjusted Diluted Earnings Per Share
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Acuity Brands, Inc. (NYSE:AYI) has announced an agreement to acquire QSC, LLC for $1.215 billion. The transaction is expected to close in Q2 2025 and be accretive to Acuity's fiscal 2025 earnings per share.
October 24, 2024 | 1:19 pm
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Acuity Brands is acquiring QSC, LLC for $1.215 billion, expected to close in Q2 2025. The acquisition is anticipated to be accretive to Acuity's fiscal 2025 earnings per share.
The acquisition of QSC is a strategic move for Acuity Brands, expected to enhance its earnings per share in fiscal 2025. The deal's accretive nature suggests a positive impact on AYI's stock price in the short term.
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