Xylem to acquire Sensus for ~$1.7B

Xylem Inc. signed a definitive agreement to acquire smart-metering provider Sensus for approximately $1.7 billion in cash, with the deal expected to close in Q4 2016.

“RYE BROOK, N.Y. — Xylem Inc., a leading global water technology company, announced that it has signed a definitive agreement to acquire Sensus for approximately $1.7 billion in cash.”

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