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SPX Flow Inc. , a provider of process software for the nutrition, health and industrial markets, said Monday it has agreed to be acquired by Lone Star Funds in an all-cash deal valued at about $3.8 billion. The price is equal to a premium of about 40% over SPX Flow''s closing price on July 16, the last trading day before a Wall Street Journal report that the company had received an unsolicited bid. Robert Hull, chair of the SPX Flow board, said the company held talks with "multiple strategic and financial parties" to evaluate the deal against the company''s standalone prospects, performance and outlook. The deal is expected to close in the first half of 2022, after which the company will be privately held. As part of the deal, SPX Flow has agreed to suspend its quarterly dividend with immediate effect. Shares were slightly higher premarket and have gained 48% year to date, while the S&P 500 has gained 25%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.

Lone Star Buying SPX Flow For $86.50 Per Share

08:59am, Monday, 13'th Dec 2021
SPX FLOW, Inc. (NYSE: FLOW) announced today it entered into an agreement to be acquired by an affiliate of Lone Star Funds in an all-cash transaction valued at $3.8 billion. These are the details.
SPX Flow Inc (NYSE: FLOW) agreed to be acquired by an affiliate of Lone Star Funds in an all-cash transaction valued at $3.8 billion, including the assumption of debt. The per-share value of $86.50
SPX Flow Inc. FLOW, +0.82% , a provider of process software for the nutrition, health and industrial markets, said Monday it has agreed to be acquired by Lone Star Funds in an all-cash deal valued at

Stanley Black (SWK) to Divest Security Business to Securitas

03:02pm, Thursday, 09'th Dec 2021 Zacks Investment Research
Stanley Black's (SWK) sale of its Security assets will allow it to concentrate more on core businesses. The net proceeds from the sale will be used for funding, in part, a buyout program of $4 billion
ACR Alpine Capital Research LLC cut its holdings in SPX FLOW, Inc. (NYSE:FLOW) by 49.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 615,942 shares of the industrial products companys stock after selling 598,060 shares during the period. SPX FLOW comprises approximately 2.6% of []

Stanley Black (SWK) Buys MTD & Excel, Expands Product Lines

03:13pm, Friday, 03'rd Dec 2021 Zacks Investment Research
Stanley Black's (SWK) acquisition of MTD Holdings and Excel Industries will strengthen product offerings and boost its footprint in the outdoor products end market.

Reasons to Hold O-I Glass (OI) Stock in Your Portfolio Now

02:45pm, Friday, 03'rd Dec 2021 Zacks Investment Research
Solid demand for glass packaging, margin expansion efforts and upbeat growth projections are some of the factors that make O-I Glass (OI) stock worth holding on to at the moment.
Analysts expect SPX FLOW, Inc. (NYSE:FLOW) to post $397.65 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for SPX FLOWs earnings. The highest sales estimate is $399.00 million and the lowest is $396.30 million. SPX FLOW posted sales of $396.10 million during the same quarter last []

Why SPX FLOW (FLOW) Could Be an Impressive Growth Stock

01:48pm, Thursday, 02'nd Dec 2021 Zacks Investment Research
If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider SPX FLOW (FLOW).

Honeywell (HON) Merges Quantum Solutions With Cambridge Quantum

03:06pm, Wednesday, 01'st Dec 2021 Zacks Investment Research
Honeywell (HON) merges its Quantum Solutions business with Cambridge Quantum to create the biggest standalone quantum computing company in the world.

Kennametal (KMT) Displays Solid Prospects, Headwinds Remain

03:05pm, Wednesday, 01'st Dec 2021 Zacks Investment Research
Kennametal (KMT) stands to gain from strength across its end markets, healthy balance sheet and shareholder-friendly policies. However, costs and expenses continue rising.

$397.65 Million in Sales Expected for SPX FLOW, Inc. (NYSE:FLOW) This Quarter

07:32pm, Tuesday, 30'th Nov 2021 Dakota Financial News
Equities analysts forecast that SPX FLOW, Inc. (NYSE:FLOW) will report sales of $397.65 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for SPX FLOW’s earnings. The lowest sales estimate is $396.30 million and the highest is $399.00 million. SPX FLOW reported sales of $396.10 million in the […]

Dover (DOV) Stock Surges 42% in a Year: More Room to Run?

02:02pm, Tuesday, 30'th Nov 2021 Zacks Investment Research
Dover's (DOV) solid order trends and strong demand across end markets are driving price performance.

Reasons to Hold Terex (TEX) Stock in Your Portfolio Now

04:31pm, Monday, 29'th Nov 2021 Zacks Investment Research
Terex (TEX) is likely to gain from the solid demand trends, focus on strategic growth initiatives and cost-control actions.
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