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OMB Valves s.p.a. signed on 5 July 2017 to acquire the Vogt Valves division from Flowserve Corporation for approximately $28 million and completed the deal on 6 July 2017, with an expected gain of about $10 million for Flowserve.
“OMB Valves s.p.a. signed an agreement to acquire Vogt Valves division from Flowserve Corporation (NYSE:FLS) for approximately $28 million on July 5, 2017.”marketscreener.com
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