SPX to acquire United Dominion Industries for $1.83B total

SPX Corp. entered a definitive all-stock agreement to acquire United Dominion Industries, valued at $954 million, with total transaction value of $1.83 billion including assumed/refinanced debt. United Dominion brings 18 businesses into SPX.

“SPX Corp. and United Dominion Industries Ltd. have entered into a definitive agreement that has SPX acquiring United Dominion in an all-stock transaction, currently valued at $954 million.”

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