SQUAWK/NEWS
Account
Theme
Account
Menu
Live News MNA ARTICLE H impact

AIAI to consolidate 100% of M42 marketing entity results

AIAI says M42 will contribute a controlling position in the entity holding its military equipment marketing agreement, enabling AIAI to consolidate 100% of revenue and EBITDA. About 50% of resulting FCF will be distributed to M42, which projects $250M FCF in 12 months post-close.

AIAI

AIAI said M42 will contribute a controlling stake in the entity that holds its military equipment marketing agreement, allowing AIAI to consolidate 100% of the entity’s revenue and EBITDA. About 50% of the resulting FCF will be distributed to M42, which projects $250M FCF in 12 months after close.