SPX Corporation Completes Sale of Balcke-Dürr Businesses to mutares AG

SPX Corporation completed the sale of its Balcke-Dürr businesses, a group within its Power Reportable Segment, to a subsidiary of mutares AG. The transaction was originally reported on December 30, 2016, and this filing provides the required financial statements.

“This Amendment No. 1 amends the Current Report on Form 8-K of the Company filed with the SEC on December 30, 2016 (the “December 8-K”) related to the sale of SPX’s Balcke-Dürr businesses, a group within SPX’s Power Reportable Segment, by certain of SPX’s subsidiaries to a subsidiary of mutares AG.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.