Announced
Financials
Sources
Tags
Single Bidder
Denmark
engineering & manufacturing
Acquisition
Private
Cross Border
Pending
Majority
Diversified Industrials
Friendly
Synopsis
Impro Fluidtek, a global technology, agreed to acquire Target Business of Danfoss Jiangsu, a world-class provider of mobile hydraulic and electrification products and solutions, for $68m. As the Acquisition is subject to the satisfaction of the conditions precedent as provided in the Asset Purchase Agreement which may or may not be fulfilled, Shareholders and potential investors of the Company are advised to exercise caution when dealing in the Shares.
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