Colfax Corp. has sold its fluid handling business to a Massachusetts valve manufacturer in a deal totaling $860 million as it looks to refine its portfolio. Annapolis Junction-based Colfax’s (NYSE: CFX) deal with Circor International Inc. includes $542 million in cash and 3.3 million shares of Circor common stock. Circor will also assume $150 million in net pension liability. The fluid handling business built products to support gas compression, chemical processing, power generation and wastewater…
from https://www.bizjournals.com/baltimore/news/2017/09/25/colfax-sells-fluid-handling-business-for-860.html?ana=RSS%26s=article_search
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