Fortive to Acquire EA Elektro-Automatik for USD 1.45bn.
MANews-(C)2009-2023
Washington-based workflow solutions provider Fortive Corp. (NYSE: FTV) has agreed to acquire of high-power electronic test solutions provider EA Elektro-Automatik Holding GmbH, for USD 1.45 bn in cash, net of USD 215 m of tax benefits from Bregal Unternehmerkapital, the company said.
The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in early first quarter of 2024.
Morgan Stanley & Co. LLC and J.P...
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