ABB to acquire Baldor Electric for ~$4.2 billion all-cash

ABB agreed to acquire Baldor Electric Co., a North American leader in industrial motors, in an all-cash transaction valued at approximately $4.2 billion including $1.1 billion of net debt, via a tender offer at $63.50 per share.

“ABB, a leading power and automation technology company, has agreed to acquire Baldor Electric Co., a North American leader in industrial motors, in an all-cash transaction valued at approximately $4.2 billion, including $1.1 billion of net debt.”

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