Brief: CIRCOR International Enters Definitive Agreement To Be Acquired By KKR For $1.6 Billion

CIRCOR International

05/06/2023 12:08

June 5 (Reuters) - Circor International Inc  CIR.N :
    * CIRCOR INTERNATIONAL ENTERS DEFINITIVE AGREEMENT TO BE
ACQUIRED
BY KKR FOR $1.6 BILLION
    * CIRCOR INTERNATIONAL INC - SHAREHOLDERS TO RECEIVE $49 PER
SHARE
IN CASH
    * CIRCOR INTERNATIONAL INC - BOARD WILL HAVE RIGHT TO
TERMINATE
MERGER AGREEMENT TO ENTER INTO A SUPERIOR PROPOSAL
    * CIRCOR INTERNATIONAL INC - ONCE DEAL IS COMPLETE, CIRCOR
WILL BE
A PRIVATELY HELD COMPANY WHOLLY OWNED BY KKR'S INVESTMENT FUNDS
    * CIRCOR INTERNATIONAL INC - ONCE DEAL IS COMPLETE, CIRCOR
WILL NO
LONGER HAVE ITS COMMON STOCK LISTED ON ANY PUBLIC MARKET
    * CIRCOR INTERNATIONAL INC - BOARD OF DIRECTORS OF CIRCOR
HAS
UNANIMOUSLY APPROVED TRANSACTION

Source text for Eikon:  ID:nBw90Wl6ba 
Further company coverage:  CIR.N