Fortive to combine automation and specialty businesses with Altra Industrial Motion

Fortive agreed to combine four operating companies from its Automation & Specialty platform with Altra Industrial Motion in a Reverse Morris Trust deal worth about $3.0 billion in total consideration, creating a power transmission and motion control leader.

“Total consideration to Fortive and its shareholders is approximately $3.0 billion, including $1.4 billion in cash proceeds and debt reduction for Fortive.”investors.fortive.com

• 1 source
• investors.fortive.comFortive Announces Agreement to Combine Automation and Specialty Businesses with Altra Industrial Motion Corp. :: Fortive Corporation (FTV)Mar 7, 2018

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