Regal Beloit / Fasco transaction valued at ~$220 million, cash

The Regal Beloit acquisition of Tecumseh's Fasco business is valued at approximately $220 million, to be paid in cash, expected to close in the third calendar quarter subject to regulatory approvals.

“The transaction is valued at approximately $220 million and is expected to close in the third calendar quarter, subject to the satisfaction of customary conditions for closing and the receipt of required regulatory approvals.”

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