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Xylem entered into a definitive agreement to acquire all shares of Pure Technologies Ltd. for CAD $9.00 per share in cash, representing an enterprise value of CAD $509 million (USD $397 million). Pure provides intelligent leak detection and condition assessment solutions for water infrastructure.
“The addition of Pure will strengthen Xylem’s position as a leading provider of intelligent solutions that address the water industry’s most persistent problems.”xylem.com
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