Leonardo DRS and RADA merger
Leonardo DRS merged with Israel's RADA in an all-stock deal, which also listed DRS on Nasdaq.
- Company
- RADA Electronic Industries
- Type
- M&A
- Status
- Completed
- Date
- 28 Nov 2022
- Value
- Not disclosed
- Value basis
- All-stock merger; Leonardo DRS listed on Nasdaq and TASE
- Region
- US and Israel
- Segment
- Defence electronics
Parties
- Leonardo DRS buyer
- RADA shareholders seller
Key terms
- Structure
- All-stock merger
- Listing
- Nasdaq and Tel Aviv Stock Exchange
Sources
- Leonardo DRS 8-K: Leonardo DRS announces closing of merger with RADA sec.gov · 28 Nov 2022
Record DEF-INV-2022-0014. Investments are kept apart from the financings register and never counted in debt totals.
