BRIEF-Clearlake Portfolio Company Janus International To List On NYSE Through Business Combination With Juniper Industrial Holdings

Reuters

Dec 22, 2020

Dec 22 (Reuters) - Juniper Industrial Holdings Inc :

* CLEARLAKE PORTFOLIO COMPANY JANUS INTERNATIONAL TO LIST ON NYSE THROUGH BUSINESS COMBINATION WITH JUNIPER INDUSTRIAL HOLDINGS

* CLEARLAKE CAPITAL GROUP - DEAL HAS A PRO FORMA IMPLIED ENTERPRISE VALUE OF ABOUT $1.9 BILLION

* CLEARLAKE CAPITAL GROUP - TRANSACTION FINANCED THROUGH $348 MILLION OF CASH HELD IN JUNIPER’S TRUST ACCOUNT AND $250 MILLION PIPE

* CLEARLAKE CAPITAL GROUP - JANUS WILL BE LISTED ON NYSE UNDER TICKER SYMBOL “JBI”

* CLEARLAKE CAPITAL GROUP - CLEARLAKE WILL REMAIN LARGEST SHAREHOLDER IN COMBINED COMPANY UPON DEAL COMPLETION

* CLEARLAKE CAPITAL GROUP - CURRENT CHIEF EXECUTIVE OFFICER RAMEY JACKSON WILL CONTINUE TO LEAD COMBINED COMPANY

* CLEARLAKE CAPITAL GROUP - EXISTING JANUS SHAREHOLDERS EXPECTED TO OWN ABOUT 51% OF COMBINED CO AT CLOSING; JUNIPER FOUNDERS EXPECTED TO OWN ABOUT 5%

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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JUNIPER FOUNDERS EXPECTED TO OWN ABOUT 5%</p><p>Source text for Eikon:    Further company coverage:   </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":null,"symbol_name":null,"start_time":0,"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2093583301","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2093583301","pubTimestamp":1608639917,"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":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Dec 22 (Reuters) - Juniper Industrial Holdings Inc   :   * CLEARLAKE PORTFOLIO COMPANY JANUS INTERNA","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Clearlake投资组合公司Janus International将通过与Juniper Industrial Holdings合并在纽约证券交易所上市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JIH":0.9},"content_text":"Dec 22 (Reuters) - Juniper Industrial Holdings Inc   :   * CLEARLAKE PORTFOLIO COMPANY JANUS INTERNATIONAL TO LIST ON NYSE THROUGH BUSINESS COMBINATION WITH JUNIPER INDUSTRIAL HOLDINGS   * CLEARLAKE CAPITAL GROUP - DEAL HAS A PRO FORMA IMPLIED ENTERPRISE VALUE OF ABOUT $1.9 BILLION   * CLEARLAKE CAPITAL GROUP - TRANSACTION FINANCED THROUGH $348 MILLION OF CASH HELD IN JUNIPER’S TRUST ACCOUNT AND $250 MILLION PIPE   * CLEARLAKE CAPITAL GROUP - JANUS WILL BE LISTED ON NYSE UNDER TICKER SYMBOL “JBI”   * CLEARLAKE CAPITAL GROUP - CLEARLAKE WILL REMAIN LARGEST SHAREHOLDER IN COMBINED COMPANY UPON DEAL COMPLETION   * CLEARLAKE CAPITAL GROUP - CURRENT CHIEF EXECUTIVE OFFICER RAMEY JACKSON WILL CONTINUE TO LEAD COMBINED COMPANY   * CLEARLAKE CAPITAL GROUP - EXISTING JANUS SHAREHOLDERS EXPECTED TO OWN ABOUT 51% OF COMBINED CO AT CLOSING; JUNIPER FOUNDERS EXPECTED TO OWN ABOUT 5%Source text for Eikon:    Further company coverage:    ((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":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}