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Culligan International will acquire a significant portion of Primo Water Corporation's international businesses in an all-cash transaction valued at $575 million. The deal is expected to close by December 31, 2023.
“The transaction was the result of a proactive board-led process that resulted in an agreement that offers an attractive premium valuation for a significant portion of our international businesses and simplifies and focuses Primo Water on our core North American water business.”waterworld.com
Summarized from public sources; check the original articles before acting on it.