Honeywell International Inc. said Wednesday it will pay $670 million to buy Compressor Controls Corp. from private equity firm Clayton, Dubilier & Rice and...
Honeywell International Inc. HON said Wednesday it will pay $670 million to buy Compressor Controls Corp. from private equity firm Clayton, Dubilier & Rice and Roper Technologies Inc. ROP. Honeywell said the purchase price is about 15 times Compressor Controls Corp.’s estimated 2023 earnings before interest, taxes, depreciation and amortization of about $44.7 million.
HON said Wednesday it will pay $670 million to buy Compressor Controls Corp. from private equity firm Clayton, Dubilier & Rice and Roper Technologies Inc. ROP . Honeywell said the purchase price is about 15 times Compressor Controls Corp.’s estimated 2023 earnings before interest, taxes, depreciation and amortization of about $44.7 million. Honeywell said it expects the acquisition to immediately add to earnings after it closes as expected in the second half of 2023.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Honeywell gets $10 billion buyback authorizationHoneywell International Inc. said Monday that its board of directors has authorized the repurchase of up to $10 billion in stock. That includes roughly $2.1...
Consulte Mais informação »
FOX Stock Price | Fox Corp. Cl B Stock Quote (U.S.: Nasdaq) | MarketWatchFOX | Complete Fox Corp. Cl B stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
Consulte Mais informação »
Fox Corp’s Value Plunges $507M Following Tucker Carlson’s Shock ExitFox Corporation shares suffered a sharp drop on Monday after the shock announcement that star host Tucker Carlson would be leaving Fox News, effective immediately.
Consulte Mais informação »
OpenAI improves ChatGPT privacy with new data controls | EngadgetOpenAI improves ChatGPT privacy with new data controls
Consulte Mais informação »
Nvidia stock gains as Microsoft details plans to spend on AI infrastructureNvidia Corp. NVDA shares jumped more than 2.5% in after-hours trading Tuesday after Microsoft Corp. MSFT executives detailed increased spending on equipment...
Consulte Mais informação »
U.S. Supreme Court rebuffs Exxon, Chevron appeals in climate litigationThe U.S. Supreme Court on Monday declined to hear bids by Exxon Mobil Corp , Suncor Energy Inc , Chevron Corp and others to move lawsuits filed by state and local governments accusing the oil companies of worsening climate change out of state courts and into federal courts.
Consulte Mais informação »