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BRIEF-Brooks Announces Intention To Separate Into Two Independent Publicly Traded Companies

05/10/2021 16:58
BRIEF-Brooks Announces Intention To Separate Into Two Independent Publicly Traded Companies

Brooks Automation Inc BRKS.O:

  • BROOKS ANNOUNCES INTENTION TO SEPARATE INTO TWO INDEPENDENT PUBLICLY TRADED COMPANIES

  • BROOKS AUTOMATION INC - CURRENT BROOKS CEO, STEVE SCHWARTZ WILL LEAD STANDALONE LIFE SCIENCES COMPANY

  • BROOKS AUTOMATION INC - DAVE JARZYNKA, CURRENT PRESIDENT OF SEMICONDUCTOR SOLUTIONS GROUP BUSINESS, WILL BE NAMED CEO OF NEW BROOKS AUTOMATION

  • BROOKS AUTOMATION INC - TRANSACTION IS PLANNED TO BE A PRO RATA DISTRIBUTION OF SHARES TO BROOKS SHAREHOLDERS IN A TAX-EFFICIENT MANNER

  • BROOKS AUTOMATION INC - SEPARATION WILL NOT REQUIRE A SHAREHOLDER VOTE

Source text for Eikon: ID:nPn7zG7J5a

Further company coverage: BRKS.O