Ametek is engaged in exclusive discussions to acquire the testing and measurement division of Indicor, a portfolio company of private equity firm Clayton Dubilier & Rice, at a potential valuation of $5bn, according to a report by Reuters.
The potential transaction reflects continued appetite for high-quality industrial technology assets. The report cites unnamed sources as indicating that negotiations are ongoing, with a deal possible in the coming weeks, although there is no certainty an ag...
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