Deal snapshot: AZZ Closes Acquisition of Precoat Metals from Sequa Corp.
MANews-(C)2009-2022
US-based galvanizing and metal coating solutions provider AZZ Inc (NYSE: AZZ) has closed the acquisition of US-based industrial company Sequa Corp's Precoat Metals business division for a purchase price of approximately USD 1.28bn, the company said.
Sequa is a portfolio company of global investment firm Carlyle (NASDAQ: CG). When adjusted for the net present value of approximately USD...
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