CIRCOR to Acquire Colfax’s Fluid Handling Business
Wednesday, September 27, 2017
CIRCOR International has signed a definitive agreement to acquire Colfax Fluid Handling (CFH) from Colfax Corporation for approximately $855 million including cash, newly issued CIRCOR shares, and the assumption of pension plan liabilities linked to the CFH business. Upon closing of the transaction, Colfax will own approximately 16% of CIRCOR. More...
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