February 28, 2018 / 12:15 PM / 6 months ago

BRIEF-Regal Beloit Corporation To Acquire Nicotra Gebhardt S.P.A.

Feb 28 (Reuters) - Regal Beloit Corp:

* REGAL BELOIT CORPORATION TO ACQUIRE NICOTRA GEBHARDT S.P.A.

* REGAL BELOIT CORPORATION TO ACQUIRE NICOTRA GEBHARDT S.P.A.

* REGAL BELOIT CORP - DEAL FOR ‍APPROXIMATELY EUR 125 MILLION​

* REGAL BELOIT CORP - ‍SHAREHOLDER APPROVALS ARE NOT REQUIRED TO COMPLETE TRANSACTION​

* REGAL BELOIT CORP - MANAGEMENT ESTIMATES ACQUISITION WILL BE ACCRETIVE IN 2018 EXCLUDING PURCHASE ACCOUNTING ADJUSTMENTS AND CLOSING COSTS​

* REGAL BELOIT CORP - ‍BUSINESS OF INDUSTRIE CBI S.P.A. WAS NOT INCLUDED IN SCOPE OF THE CURRENT TRANSACTION​ Source text for Eikon: Further company coverage: (Reuters.Brief@thomsonreuters.com)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below