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Watts Water Technologies Acquires Bradley, Expects EBITDA Margin Accretion By 2027

Benzinga

Watts Water Technologies Inc (NYSE: WTS ) penned a deal to acquire Bradley Corporation for $303 million. The transaction value comes to around $268 million after adjusting for the estimated net present value of expected tax benefits of about $35 million.

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Bel Closes Its Previously Announced Acquisition of Enercon Technologies

Benzinga

Bel has acquired an 80% stake upfront for $320 million (subject to customary adjustments), plus up to $10 million of potential earnout payments for the 2025-2026 period, with the intent to purchase the remaining 20% by early 2027 based on future EBITDA performance.

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Oneok shakes up the midstream industry

Valutico

This merger is expected to be earnings accretive from 2024, with projected annual EPS accretion of 3%-7% (2025-2027) and average free cash flow per share growth exceeding 20% (2024-2027). 2022 saw a robust cash and capital structure with a staggering USD 967 million adjusted EBITDA in Q4, up by 14% from the previous year.

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Host Hotels & Resorts Enters into Agreement to Acquire Turtle Bay Resort in Hawaii

Benzinga

EBITDA multiple or a cap rate of approximately 5.3% Before taking into account the significant upside that is expected from The Ritz-Carlton branding, the Resort is expected be one of Host's top assets based on estimated full year 2024 results with an expected RevPAR of $570, Total RevPAR of $980, and EBITDA per key of $86,000 2.

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Host Hotels & Resorts Acquires 1 Hotel Nashville and Embassy Suites by Hilton Nashville Downtown

Benzinga

EBITDA multiple or a cap rate of approximately 7.4% The Property is expected to be among Host's top-25 assets based on estimated full year 2024 results, with expected combined RevPAR of $275, Total RevPAR of $435, and EBITDA per key of $58,550 2 , further improving the quality of the Company's portfolio.

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Capital Power and Manulife Investment Management complete acquisition of Midland Cogeneration facility

Benzinga

Financial projections include an average adjusted EBITDA of US$59 million per year (ranging from US$85 million in 2023 and declining to US$45 million in 2027) and an average AFFO of US$35 million per year during the 5-year period from 2023 to 2027. per share, representing a 7.0%

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Bel Announces Agreement to Acquire Enercon Technologies

Benzinga

Bel will acquire an 80% stake upfront for $320 million in cash (subject to customary adjustments), plus up to $10 million of potential earnout payments for the 2025-2026 period, with the intent to purchase the remaining 20% by early 2027 based on future EBITDA performance. and Adjusted EBITDA margin of 32.5%