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Dover Corp signs definitive agreement to DEK Printing Machines unit to ASM Pacific Technology Ltd


Tuesday, 3 Dec 2013 07:00pm EST 

Dover Corp:Signs a definitive agreement to sell its DEK Printing Machines unit (DEK), headquartered in Zurich, Switzerland, to ASM Pacific Technology Ltd, a Hong Kong listed company.Says the transaction is expected to close around mid-year 2014.Says it expects to realize cash proceeds from the sale of $170 million, plus other contingent consideration that could result in up to an additional $30 million in proceeds, subject to normal post-closing adjustments. 

Company Quote

88.74
0.29 +0.33%
11 Jul 2014