Regal Rexnord Proposed Acquisition of Altra Industrial Motion Corp.

Regal Rexnord announced a proposed acquisition of Altra Industrial Motion Corp., which is expected to transform its automation capability and enhance its powertrain offering. The transaction is anticipated to be accretive in the first year with significant revenue and cost synergies.

“the possibility that the conditions to the consummation of the proposed acquisition of Altra Industrial Motion Corp. (the “Proposed Acquisition”) will not be satisfied on the terms or timeline expected, or at all”

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