M&A
confidence high
sentiment neutral
materiality 0.70
Jacobs spin-off of Amentum cleared by SEC; record date Sept 23, completion Sept 27
JACOBS SOLUTIONS INC.
- SEC declared effective SpinCo's Form 10 on Sept 18; Information Statement issued.
- Distribution ratio: one SpinCo share per Jacobs share held at close on Sept 23, 2024.
- Transaction expected to close on Sept 27, 2024, subject to conditions.
- When-issued AMTM WI trading begins Sept 24 on NYSE; regular-way AMTM starts Sept 30.
- Spin-off combines Jacobs' Critical Mission Solutions and Cyber & Intelligence with Amentum.