Recently Released Market Study: AB SKF to Acquire US-Based Kaydon Corporation - Deal Analysis from GlobalData
AB SKF (SKF), a Swedish bearing company, has announced the acquisition of Kaydon Corporation (Kaydon), a US-based designer and manufacturer of performance-critical and engineered products. The total value of the acquisition is approximately $1.25 billion, which includes $95m of net debt. The share price of the acquisition amounts to $35.50, to be paid in cash. The transaction will be financed by SKF’s existing cash and credit lines and will be accretive to its earnings per share in coming years. SKF...
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