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Illinois Tool Works Inc (ITW.N)

ITW.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Illinois Tool Works Inc to acquire ZF TRW Engineered Fasteners and Components Business
Monday, 25 Jan 2016 09:15am EST 

Illinois Tool Works Inc:Reached a definitive agreement to acquire the Engineered Fasteners and Components business (EF&C) from ZF TRW for about $450 million.Plans to fund a majority of the purchase with non-U.S. cash.Expects the acquisition to be slightly accretive to earnings per share in the first 12 months.Transaction is expected to close in the first half of 2016.  Full Article

BRIEF-Illinois Tool Works Inc increases quarterly dividend 20%

* Sets quarterly dividend of $0.78 per share Source text for Eikon: Further company coverage: