Deal announced Aug 2011 Verified
Regal Beloit to Acquire A.O. Smith's Electrical Products Company
Regal Beloit announced it is pursuing the acquisition of A.O. Smith's Electrical Products Company and expects to close the transaction within the month. Financing is in place and integration planning is underway.
“The other positive news is that we have made real progress in our pursuit to close the acquisition of A.O. Smith’s Electrical Products Company. We believe we will close the transaction within the month.”
Entities
Electrical Sentiment: Positive
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