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BRIEF-Cott Announces Acquisition Of Mountain Valley Spring Company

Published 2018-10-15, 04:35 p/m
Updated 2018-10-15, 04:40 p/m
© Reuters.  BRIEF-Cott Announces Acquisition Of Mountain Valley Spring Company

Oct 15 (Reuters) - Cott Corp BCB.TO :

* COTT ANNOUNCES ACQUISITION OF MOUNTAIN VALLEY SPRING COMPANY

* COTT CORP - DEAL FOR $78.5 MILLION IN CASH

* COTT CORP - FINANCED DEAL THROUGH A COMBINATION OF CASH ON HAND, DRAWING ON ASSET BASED LENDING FACILITY

* COTT CORP - PURCHASE PRICE WAS $78.5 MILLION, ON A DEBT AND CASH FREE BASIS, REPRESENTING APPROXIMATELY 8X ESTIMATED YEAR 2 POST-SYNERGY ADJUSTED EBITDA

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