Brief: 3M To Create A Leading Fire And Safety Business Acquires Madison Fire & Rescue And Combines With Scott Safety
19/03/2026 12:02
March 19 (Reuters) - 3M Co MMM.N: 3M TO CREATE A LEADING FIRE AND SAFETY BUSINESS; ACQUIRES MADISON FIRE & RESCUE AND COMBINES WITH SCOTT SAFETY 3M CO - DEAL VALUED AT $1.95 BILLION FOR MADISON FIRE & RESCUE 3M CO - CO AND BAIN CAPITAL TO FORM JOINT VENTURE; 3M TO OWN 50.1%, BAIN CAPITAL 49.9% 3M CO - TO RECEIVE $700 MILLION CASH PROCEEDS UPON CLOSING Source text: ID:nPn7vBVDRa Further company coverage: MMM.N ((((Reuters.Briefs@thomsonreuters.com;));))