TSX:ATSMachinery
ATS M&A Push Puts Share Valuation And Earnings Outlook In Focus
ATS Corporation (TSX:ATS) has signaled a stronger focus on mergers and acquisitions across its key end markets.
The company’s CEO outlined plans to be more active in deploying capital toward deal making, supported by a pipeline of potential targets.
These comments indicate that M&A is becoming a more central pillar of ATS’s growth plans beyond its regular operations.
ATS, which last closed at CA$42.5, has had mixed share price performance, with a 10.9% gain year to date, a 23.4% decline...