ITT Near $4.5 Billion-Plus Deal for Lone Star’s SPX Flow

ITT Inc. is in advanced talks to buy SPX Flow Inc. in a transaction valuing the industrial equipment manufacturer at more than $4.5 billion, according to people familiar with the...

By Kiel Porter, David Carnevali · Bloomberg Markets

ITT Inc. is in advanced talks to buy SPX Flow Inc. in a transaction valuing the industrial equipment manufacturer at more than $4.5 billion, according to people familiar with the matter.