(NYSE:WKC) MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today announced that a wholly owned subsidiary of the company has signed a definitive agreement with Universal Weather and Aviation to acquire their Trip Support Services (TSS) division. The total purchase price is approximately $220 million, consisting of $160 million of cash payable at closing and $60 million payable over four years. Universal Weather, headquartered in Houston, Texas, is a pioneer in trip support services with deep
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How will the $220 million acquisition affect World Kinect’s earnings per share and overall valuation?
What are the expected synergies and integration costs associated with Universal Weather’s Trip Support Services division?
Will the transaction require additional financing or affect World Kinect’s balance sheet leverage and liquidity ratios?