CIRCOR to acquire Colfax Fluid Handling for $855M in cash and stock

CIRCOR International signed a definitive agreement to acquire Colfax Fluid Handling from Colfax Corporation for about $855 million, including $542 million cash, new CIRCOR shares and assumed pension liabilities. Colfax will hold about 16% of CIRCOR after closing.

“CIRCOR International, Inc. today announced that it 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.”sec.gov

• 5 sources
• sec.govExhibitSep 25, 2017
• worldpumps.comCircor to acquire Colfax Fluid Handling in US$855mn deal - World PumpsSep 25, 2017
• finanznachrichten.dePro-Trader Daily: Featured Company News - CIRCOR Takes Over the Fluid Handling Business of ColfaxSep 27, 2017
• mondaq.comUnited States - Wilmerhale Represents CIRCOR In $855M Acquisition Of Colfax’s Fluid Handling Business From Colfax Corp.Oct 5, 2017
• processingmagazine.comMovers and Shakers: New Endress+Hauser COO; Colfax leaves fluid handling; Emerson awards annual scholarships | Processing Magazine

Summarized from public sources; check the original articles before acting on it.