The transaction will be immediately accretive to General Mills (GIS) net sales growth and operating margin profile, and is expected to be neutral to cash EPS
in fiscal 2019 and accretive in fiscal 2020.
It will provide enhanced global corporate payments capabilities with immediate cash EPS
accretion and long-term EPS growth potential.
The company plans to transition to reporting on an adjusted cash EPS
basis for fiscal year 2016, and it will provide additional guidance regarding the financial impact of the transaction when it reports fourth quarter financial results in January.
We expect considerable operating synergies resulting in sustained profitable growth, as well as double-digit adjusted cash EPS
(earnings-per-share) growth," said Michael Dinkins, executive vice president and chief financial officer of Greatbatch.
(see Non-GAAP Financial Information below) was USD0.
With strong third quarter performance, we are raising our fourth quarter Cash EPS
guidance to $0.
The company also projects to record adjusted cash EPS
of between USD3.
X-Rite expects the transaction to be accretive to cash EPS
in the second year of combined operations and to achieve $6.
Once the Mylan and King organizations are combined, we are confident we will be able to achieve, on a cash EPS
learnings per share] basis, a much higher growth rate than Mylan on a stand-alone basis, which we believe will result in greater long-term shareholder value.
We anticipate that the transaction will be cash EPS
positive from 2002 onwards," he said.
The Company estimates that for the fiscal year ending December 31, 2012, Cash EPS
will be between approximately $0.
Jay Bray, CEO and Chairman of Nationstar, said, "We expect this merger to create value for our shareholders in both the near and long-term, including immediate accretion on a cash EPS
basis and a cash premium for those of our stockholders who elect to receive the cash merger consideration.