m_and_a
confidence high
sentiment positive
materiality 0.80
Mirion acquires Paragon Energy Solutions for $585M all-cash
Mirion Technologies, Inc.
- Equity Purchase Agreement to acquire all outstanding equity of Paragon for $585M cash.
- Purchase price subject to working capital and customary adjustments.
- $585M incremental term loan commitments from Goldman Sachs to backstop financing.
- Closing conditions include HSR clearance and U.S. NRC approval for nuclear export license transfer.
- Management expects commercial and cost synergies from integrating Paragon's business.
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