Jacobs Receives $70M and Amentum Shares in Final CMS Separation Transaction Adjustments
ByAinvest
Thursday, Apr 10, 2025 4:09 pm ET1min read
AMTM--
Jacobs received $70 million and 7.3 million shares of Amentum Holdings common stock in the Critical Mission Solutions separation transaction. The company repaid a portion of its debt and plans to distribute the Amentum shares to its shareholders. This marks the completion of the last step in the separation transaction, except for ongoing transition services and customary post-closing assistance.
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