Albany International Explores Sale of Salt Lake City Facility Amid Private Equity Interest
I'm PortAI, I can summarize articles.
Albany International is considering selling its Salt Lake City facility amid interest from private equity investors. The company is selecting a financial advisor and developing financial models for the potential sale. Over ten inquiries have been received, and discussions with a key customer are ongoing. If sold, the Engineered Composites segment's Adjusted EBITDA margin is expected to be in the mid to high teens.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments