SPX Corporation Completes Sale of Service Solutions Business to Robert Bosch GmbH

SPX Corporation completed the sale of its Service Solutions business to Robert Bosch GmbH for approximately $1.15 billion in cash, subject to working capital adjustments. The transaction closed on December 3, 2012.

“On December 3, 2012, SPX Corporation (the “Company” or “we”) issued a press release attached as Exhibit 99.1 hereto and incorporated herein by reference announcing that we have completed the sale of our Service Solutions business to Robert Bosch GmbH (the “Buyer”) for a cash price of approximately $1.15 billion, subject to working capital adjustments.”

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