Pentair, Tyco’s Flow-Control Business to Merge
By -
Mar 28, 2012
Pentair Inc. (PNR) and Tyco International Ltd. (TYC) reported a definitive agreement to combine Tyco’s Flow Control business with Pentair in a tax-free, all-stock merger.
The transaction values Tyco Flow at about $4.9 billion, including assumed net debt and minority interest.
To contact the editor responsible for this story: Steven Fromm at sfromm@bloomberg.net