According to Lone Star Funds, an affiliate of Lone Star Fund XI has signed a definitive agreement to sell SPX FLOW to ITT in a transaction worth $4.775 billion, paid in a mix of cash and ITT shares.
Lone Star Funds (“Lone Star”) today announced the signing by an affiliate of Lone Star Fund XI, LP of a definitive agreement to sell SPX FLOW, Inc. (“SPX FLOW”), a leading provider of highly ...
ITT Inc. has agreed to acquire industrial equipment manufacturer SPX Flow Inc. from Lone Star Funds in a $4.775 billion cash and stock deal.
ITT is up 20.3% since the beginning of the year, but at $170.56 per share, it is still trading 12.7% below its 52-week high ...
Investing.com - DA Davidson has reiterated a Buy rating with a $215.00 price target on ITT Corp. (NYSE:ITT) following the company’s acquisition announcement. The target represents a 21% upside from ...
As global industries look ahead to 2026, SPX FLOW, Inc., a leading provider of process technologies for the nutrition, health and industrial markets, is reflecting on one of its most defining ...
Lone Star Announces Sale of SPX FLOW to ITT Inc. Lone Star Funds (“Lone Star”) today announced the signing by an affiliate of Lone Star Fund XI, LP of a definitive agreement to sell SPX FLOW, Inc.