InfraDefenceThe capital behind defence.
M&A · Completed · 29 Jun 2019

Harris and L3 Technologies merger (L3Harris)

Harris and L3 combined in an all-stock merger of equals to form L3Harris Technologies, the sixth-largest US defence contractor.

Company
L3 Technologies
Type
M&A
Status
Completed
Date
29 Jun 2019
Value
Not disclosed
Value basis
All-stock merger of equals; no cash price
Region
US
Segment
Defence primes

Parties

Key terms

Structure
All-stock merger of equals
New name
L3Harris Technologies (NYSE: LHX)

Sources

  1. Harris 8-K: Harris and L3 set closing date for merger sec.gov · 21 Jun 2019
  2. L3Harris 8-K: L3Harris merger successfully completed sec.gov · 1 Jul 2019

Record DEF-INV-2019-0006. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
InfraDefence Weekly

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