AUSTIN, Texas, November 01, 2024--Iteris, Inc. ("Iteris" or the "Company"), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced the closing of ...

The Almaviva Group designs, implements and manages advanced technological solutions and systems and related logistics structures for companies and public administrations operating in a variety of ...

Iteris, Inc., the world’ s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has entered into a definitive merger agreement to be acquired by ...

As previously announced, under the terms of the merger agreement, Almaviva will acquire Iteris in an all-cash transaction in which Iteris’ stockholders will receive $7.20 per share of common ...

Almaviva intends to finance the purchase using committed debt financing. The transaction is not subject to a financing condition. Iteris noted that over 10,000 public agencies and private-sector ...

Almaviva SpA is moving ahead with its acquisition of Iteris Inc., a smart mobility firm based in the United States, according to a recent Bloomberg report. Goldman Sachs has secured debt financing ...

Almaviva had earmarked approximately $900 million in late 2023 for acquisitions. It began with a 51% stake in Magna Sistemas in April 2024 and later acquired the U.S.-based Iteris for roughly $335 ...

At the moment, Almaviva has bonds in the amount of 350 million euros maturing in 2026. In August 2024, Almaviva entered into an agreement to acquire Iteris for $335 million. Goldman Sachs' decision to ...