Announced

Hexagon to demerge its Asset Lifecycle Intelligence business.

Synopsis

Hexagon, a multinational industrial technology company, is set to demerge its Asset Lifecycle Intelligence business. Financial terms were not disclosed. A separation of NewCo would be intended to create two scaled public companies with distinctive operational strategies and financial profiles that establish differentiated positioning for investors to fully leverage the capabilities and potential of each platform.

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MergerLinks - Hexagon to demerge its Asset Lifecycle Intelligence business.