RBC BEARINGS INCORPORATED UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATIONRBC Bearings INC • September 20th, 2021 • Ball & roller bearings
On July 24, 2021, RBC Bearings Incorporated (together with its consolidated subsidiaries, the “Company” or “RBC”) entered into a Stock and Asset Purchase Agreement (the “Purchase Agreement”) with ABB Asea Brown Boveri Ltd (“ABB” or “Seller”) pursuant to which the Company agreed to acquire (the “Pending Acquisition”) the mechanical power transmission division of ABB operated under the Dodge brand (“Dodge”). In connection with the Pending Acquisition, the Company will purchase all of the outstanding equity interests in certain entities, and certain other assets relating to Dodge. The purchase price for the Pending Acquisition will be $2.9 billion in cash, subject to adjustments, as provided for in the Purchase Agreement. In connection with the Pending Acquisition, the Company intends to enter into certain financing transactions, including incurring new term loan and revolving credit facilities, issuing senior notes and engaging in certain offerings of the Company’s common stock (the “Com
