ITT Agrees to Buy Lone Star’s SPX Flow in $4.8 Billion Deal
ITT Inc. has agreed to acquire industrial equipment manufacturer SPX Flow Inc. from Lone Star Funds in a $4.775 billion cash and stock deal.
By Kiel Porter, David Carnevali · Bloomberg Markets
ITT Inc. has agreed to acquire industrial equipment manufacturer SPX Flow Inc. from Lone Star Funds in a $4.775 billion cash and stock deal.