Brief: IDEX Corporation Completes STC Material Solutions Acquisition

IDEX

14/12/2023 14:49

Dec 14 (Reuters) - IDEX Corp  IEX.N :
    * IDEX CORPORATION COMPLETES STC MATERIAL SOLUTIONS
ACQUISITION
    * IDEX CORP: PURCHASED STC FROM ARTEMIS FOR CASH
CONSIDERATION OF
$206 MILLION USD, SUBJECT TO CUSTOMARY POST-CLOSING ADJUSTMENTS
    * IDEX CORP - FUNDED ACQUISITION USING CASH ON HAND AND
PROCEEDS
FROM ITS REVOLVING CREDIT FACILITY
    * IDEX CORP: STC WILL BE INCLUDED IN HEALTH & SCIENCE
TECHNOLOGIES
(HST) SEGMENT

Source text for Eikon:  ID:nBw90kyQya 
Further company coverage:  IEX.N 

 ((Reuters.Briefs@thomsonreuters.com;))