FARO Technologies Inc. and AMETEK Receive Antitrust Approvals in EU, Await Final Clearance in Romania

Reuters2025-07-03

FARO Technologies Inc. and AMETEK Receive Antitrust Approvals in EU, Await Final Clearance in Romania

FARO Technologies Inc. has announced an update regarding its proposed merger with AMETEK. The company disclosed that AMETEK submitted an indication of interest with an all-cash purchase price of $36 per share. This development follows the ongoing process initiated by FARO's Strategic Alternatives Committee, which has been actively engaging in meetings to discuss the potential merger. The board of directors of FARO Technologies has recommended shareholders to approve the merger agreement and the transactions involved. The details of this update have been incorporated into the Proxy Statement filed with the Securities and Exchange Commission.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FARO Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-155013), on July 02, 2025, and is solely responsible for the information contained therein.

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The company disclosed that AMETEK submitted an indication of interest with an all-cash purchase price of $36 per share. This development follows the ongoing process initiated by FARO's Strategic Alternatives Committee, which has been actively engaging in meetings to discuss the potential merger. The board of directors of FARO Technologies has recommended shareholders to approve the merger agreement and the transactions involved. The details of this update have been incorporated into the Proxy Statement filed with the Securities and Exchange Commission.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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