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CORRECTED-BRIEF-Rotork acquired Xylem's UK-based flow control business for 18 mln stg
July 2, 2014 / 11:46 AM / 3 years ago

CORRECTED-BRIEF-Rotork acquired Xylem's UK-based flow control business for 18 mln stg

(Corrects to say Xylem’s flow control business is based in UK, not U.S.)

July 2 (Reuters) - Rotork Plc :

* Announces acquisition of Xylem Flow Control Limited for 18 million pounds payable in cash

* Purchase will be funded from cash reserves and existing bank facilities

* XFC will sit within Rotork Instruments division, where it will complement Fairchild, Soldo and YTC brands Source text for Eikon: Further company coverage:

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