BRIEF-Shyft Says Co, Aebi Schmidt To Combine In All-Stock Merger

Reuters

2024/12/16

Dec 16 (Reuters) - Shyft Group Inc SHYF.O:

SHYFT: CO, AEBI SCHMIDT TO COMBINE IN ALL-STOCK MERGER
SHYFT: AT CLOSING, CO'S SHAREHOLDERS TO OWN 48% OF COMBINED CO, WITH AEBI SHAREHOLDERS OWNING 52%
SHYFT: $25 MILLION TO $30 MILLION IN EXPECTED SYNERGIES FROM DEAL BY YEAR TWO, EPS ACCRETION IN YEAR ONE
SHYFT: BAREND FRUITHOF, CEO OF AEBI, TO BE CEO OF COMBINED CO; JAMES SHARMAN OF SHYFT TO BE CHAIRMAN
SHYFT: COMBINED CO WILL TRADE ON NASDAQ, WITH HEADQUARTERS IN SWITZERLAND

Source text: [ID:]

Further company coverage: SHYF.O

((Reuters.Briefs@thomsonreuters.com))

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JAMES SHARMAN OF SHYFT TO BE CHAIRMAN</p></li><li><p>SHYFT: COMBINED CO WILL TRADE ON NASDAQ, WITH HEADQUARTERS IN SWITZERLAND</p></li></ul><p>Source text: [ID:]</p><p>Further company coverage: <span>SHYF.O</span></p><p> ((Reuters.Briefs@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Shyft Says Co, Aebi Schmidt To Combine In All-Stock Merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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JAMES SHARMAN OF SHYFT TO BE CHAIRMAN</p></li><li><p>SHYFT: COMBINED CO WILL TRADE ON NASDAQ, WITH HEADQUARTERS IN SWITZERLAND</p></li></ul><p>Source text: [ID:]</p><p>Further company coverage: <span>SHYF.O</span></p><p> ((Reuters.Briefs@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4149","symbol_name":"建筑机械与重型卡车","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241216:nP8N3K10TF:1","article_id":"2491658406","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491658406","pubTimestamp":1734345003,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BRIEF-Shyft Says Co, Aebi Schmidt To Combine In All-Stock MergerDec 16  - Shyft Group Inc SHYF.O:SHYFT: CO, AEBI SCHMIDT TO COMBINE IN ALL-STOCK MERGERSHYFT: AT CLOSING, CO'S SHAREHOLDERS TO OWN 48% OF COMBINED CO, WITH AEBI SHAREHOLDERS OWNING 52%SHYFT: $25 MILLION TO $30 MILLION IN EXPECTED SYNERGIES FROM DEAL BY YEAR TWO, EPS ACCRETION IN YEAR ONESHYFT: BAREND FRUITHOF, CEO OF AEBI, TO BE CEO OF COMBINED CO; JAMES SHARMAN OF SHYFT TO BE CHAIRMANSHYFT: COMBINED CO WILL TRADE ON NASDAQ, WITH HEADQUARTERS IN SWITZERLANDSource text: [ID:]Further company coverage: SHYF.O ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4149":"建筑机械与重型卡车","SHYF":"The Shyft Group, Inc."},"translate_title":"BRIEF-Shyft表示Co和Aebi Schmidt将进行全股票合并","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SHYF":0.9},"content_text":"BRIEF-Shyft Says Co, Aebi Schmidt To Combine In All-Stock MergerDec 16 (Reuters) - Shyft Group Inc SHYF.O:SHYFT: CO, AEBI SCHMIDT TO COMBINE IN ALL-STOCK MERGERSHYFT: AT CLOSING, CO'S SHAREHOLDERS TO OWN 48% OF COMBINED CO, WITH AEBI SHAREHOLDERS OWNING 52%SHYFT: $25 MILLION TO $30 MILLION IN EXPECTED SYNERGIES FROM DEAL BY YEAR TWO, EPS ACCRETION IN YEAR ONESHYFT: BAREND FRUITHOF, CEO OF AEBI, TO BE CEO OF COMBINED CO; JAMES SHARMAN OF SHYFT TO BE CHAIRMANSHYFT: COMBINED CO WILL TRADE ON NASDAQ, WITH HEADQUARTERS IN SWITZERLANDSource text: [ID:]Further company coverage: SHYF.O ((Reuters.Briefs@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}