Divestiture Nov 2007 · Charlotte, North Carolina Verified
SPX Corporation Plans Divestiture of Air Filtration Business
SPX Corporation committed to a plan to divest its Air Filtration business within the Flow Technology segment during Q3 2007 and is actively pursuing a sale, expected to complete by the first half of 2008. The business was reclassified as discontinued operations.
“During the third quarter of 2007, the Company committed to a plan to divest the Air Filtration business within the Company’s Flow Technology segment. The Company is actively pursuing the sale of this business and anticipates that the sale will be completed by the first half of 2008.”
Entities
SPX Corporation · Parent
Other Sentiment: Neutral
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