Jacobs to acquire John Wood Group's Nuclear business for ~$300 million

Jacobs entered an agreement to acquire John Wood Group's Nuclear business for an enterprise value of ~$300 million (7.9x CY2019 EBITDA), expected to close by fiscal 2020 Q2 subject to regulatory approvals.

“Jacobs has entered into an agreement to acquire John Wood Group's Nuclear business for an enterprise value of approximately $300 million on a debt-free, cash-free basis.”

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