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Convergys Corp (CVG.N)

CVG.N on New York Stock Exchange

24.87USD
18 Sep 2018
Change (% chg)

$0.16 (+0.65%)
Prev Close
$24.71
Open
$24.75
Day's High
$24.96
Day's Low
$24.74
Volume
212,946
Avg. Vol
377,101
52-wk High
$26.68
52-wk Low
$21.13

Latest Key Developments (Source: Significant Developments)

Synnex, On Aug 7, Co Entered Amendment To Credit Agreement, Initially Dated Nov 27, 2013
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - SYNNEX Corp ::SYNNEX - ON AUG 7, CO ENTERED AMENDMENT TO CREDIT AGREEMENT, INITIALLY DATED NOV 27, 2013.SYNNEX - AMENDMENT AMENDS CREDIT AGREEMENT BY PERMITTING CO TO INCUR UPTO $1.8 BILLION ADDITIONAL SECURED INDEBTEDNESS RELATED TO CONVERGYS ACQUISITION.SYNNEX CORP - ALSO AMENDS AGREEMENT BY PERMITTING SYNNEX TO ASSUME INDEBTEDNESS OF CONVERGYS IN RESPECT OF ITS OUTSTANDING CONVERTIBLE DEBENTURES.SYNNEX - AMENDMENT PERMITS INCREASING AMOUNT OF INCREMENTAL COMMITMENTS FOR LOANS NOT EXCEEDING $500 MILLION - SEC FILING.SYNNEX - DUE TO ENTRY TO CREDIT AGREEMENT AMENDMENT, $1,770 MILLION COMMITMENT WITH RESPECT TO 'TRANCHE B OF BRIDGE FACILITY' UNDER CO WAS REDUCED TO 0.  Full Article

Convergys May Have To Pay Synnex Termination Fee Of $74 Mln If Merger Is Terminated Under Some Circumstances
Thursday, 28 Jun 2018 

June 28 (Reuters) - Convergys Corp ::CONVERGYS SAYS MAY HAVE TO PAY SYNNEX A TERMINATION FEE OF $74 MILLION IF MERGER IS TERMINATED UNDER SOME CIRCUMSTANCES - SEC FILING.  Full Article

Convergys To Be Acquired By Synnex Corporation For $2.8 Billion In Cash And Stock
Thursday, 28 Jun 2018 

June 28 (Reuters) - Convergys Corp ::CONVERGYS TO BE ACQUIRED BY SYNNEX CORPORATION FOR $2.8 BILLION IN CASH AND STOCK.CONVERGYS CORP - FOLLOWING CLOSE OF TRANSACTION, IT IS EXPECTED THAT CO WILL BE COMBINED WITH SYNNEX'S CRM BPO SUBSIDIARY.CONVERGYS CORP - DEAL ENTERPRISE VALUE OF APPROXIMATELY $2.8 BILLION IS INCLUDING APPROXIMATELY $170 MILLION OF CONVERGYS OUTSTANDING NET DEBT.  Full Article

Synnex nears deal to buy Convergys for about $2.4 billion- WSJ
Thursday, 28 Jun 2018 

June 28 (Reuters) - Convergys Corp ::CONVERGYS IS NEAR AN AGREEMENT TO BE ACQUIRED BY SYNNEX CORP FOR ABOUT $2.4 BILLION - WSJ, CITING SOURCES.  Full Article

Convergys reports Q3 earnings per share $0.35
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Convergys Corp :Convergys reports third quarter results.Q3 adjusted earnings per share $0.42.Q3 gaap earnings per share $0.35.Q3 revenue $688 million versus I/B/E/S view $692.4 million.Q3 earnings per share view $0.44 -- Thomson Reuters I/B/E/S.Convergys Corp - ‍confirming 2017 outlook with revenue and eps at lower end of guidance ranges based on continued softness in communications sector​.  Full Article

EU mergers and takeovers (Sept 18)

BRUSSELS, Sept 18 The following are mergers under review by the European Commission and a brief guide to the EU merger process: