BRIEF-ITT To Acquire SPX FLOW to Significantly Expand Leadership Position

Reuters12-05

Dec 5 (Reuters) - ITT Inc ITT.N:

ITT TO ACQUIRE SPX FLOW, SIGNIFICANTLY EXPANDING LEADERSHIP POSITION IN HIGHLY ENGINEERED COMPONENTS AND ADJACENT FLOW TECHNOLOGIES
ITT INC - DEAL VALUED AT $4.775 BILLION, 14.2X 2026 ADJUSTED EBITDA
ITT INC - $80 MILLION EXPECTED RUN RATE OF COST SYNERGIES BY YEAR THREE
ITT INC: DEAL CONSIDERATION WILL CONSIST OF COMBINATION OF CASH & $700 MILLION IN ITT COMMON STOCK ISSUED TO LONE STAR
ITT INC - DEAL EXPECTED TO BE ADJUSTED EPS ACCRETIVE IN 2026
ITT INC: TO FUND CASH PORTION OF TRANSACTION CONSIDERATION THROUGH A COMBINATION OF DEBT AND EQUITY

Source text: ID:nBw8llRK1a

Further company coverage: ITT.N

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2589207890?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-05 21:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2589207890","market":"nz","top_or_hot":-1,"title":"BRIEF-ITT To Acquire SPX FLOW to Significantly Expand Leadership Position","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BRIEF-ITT To Acquire SPX FLOW to Significantly Expand Leadership Position</title></head><body><p><span>Dec 5 (Reuters)</span><span> - </span>ITT Inc <span>ITT.N</span>:</p><ul><li><p>ITT TO ACQUIRE SPX FLOW, SIGNIFICANTLY EXPANDING LEADERSHIP POSITION IN HIGHLY ENGINEERED COMPONENTS AND ADJACENT FLOW TECHNOLOGIES</p></li><li><p>ITT INC - DEAL VALUED AT $4.775 BILLION, 14.2X 2026 ADJUSTED EBITDA</p></li><li><p>ITT INC - $80 MILLION EXPECTED RUN RATE OF COST SYNERGIES BY YEAR THREE</p></li><li><p>ITT INC: DEAL CONSIDERATION WILL CONSIST OF COMBINATION OF CASH &amp; $700 MILLION IN ITT COMMON STOCK ISSUED TO LONE STAR</p></li><li><p>ITT INC - DEAL EXPECTED TO BE ADJUSTED EPS ACCRETIVE IN 2026</p></li><li><p>ITT INC: TO FUND CASH PORTION OF TRANSACTION CONSIDERATION THROUGH A COMBINATION OF DEBT AND EQUITY</p></li></ul><p>Source text: <span>ID:nBw8llRK1a</span></p><p>Further company coverage: <span>ITT.N</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-ITT To Acquire SPX FLOW to Significantly Expand Leadership Position</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-ITT To Acquire SPX FLOW to Significantly Expand Leadership Position\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-05 21:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BRIEF-ITT To Acquire SPX FLOW to Significantly Expand Leadership Position</title></head><body><p><span>Dec 5 (Reuters)</span><span> - </span>ITT Inc <span>ITT.N</span>:</p><ul><li><p>ITT TO ACQUIRE SPX FLOW, SIGNIFICANTLY EXPANDING LEADERSHIP POSITION IN HIGHLY ENGINEERED COMPONENTS AND ADJACENT FLOW TECHNOLOGIES</p></li><li><p>ITT INC - DEAL VALUED AT $4.775 BILLION, 14.2X 2026 ADJUSTED EBITDA</p></li><li><p>ITT INC - $80 MILLION EXPECTED RUN RATE OF COST SYNERGIES BY YEAR THREE</p></li><li><p>ITT INC: DEAL CONSIDERATION WILL CONSIST OF COMBINATION OF CASH &amp; $700 MILLION IN ITT COMMON STOCK ISSUED TO LONE STAR</p></li><li><p>ITT INC - DEAL EXPECTED TO BE ADJUSTED EPS ACCRETIVE IN 2026</p></li><li><p>ITT INC: TO FUND CASH PORTION OF TRANSACTION CONSIDERATION THROUGH A COMBINATION OF DEBT AND EQUITY</p></li></ul><p>Source text: <span>ID:nBw8llRK1a</span></p><p>Further company coverage: <span>ITT.N</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0054578231.USD","symbol_name":"BGF SYSTEMATIC SUSTAINABLE GLOBAL SMALLCAP \"A2\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251205:nTUABQQCQX:1","article_id":"2589207890","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2589207890","pubTimestamp":1764942348,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BRIEF-ITT To Acquire SPX FLOW to Significantly Expand Leadership PositionDec 5 (Reuters) - ITT Inc ITT.N:ITT TO ACQUIRE SPX FLOW, SIGNIFICANTLY EXPANDING LEADERSHIP POSITION IN HIGHLY ENGINEERED COMPO","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0054578231.USD":"BGF SYSTEMATIC SUSTAINABLE GLOBAL SMALLCAP \"A2\" (USD) ACC","BK4161":"工业机械","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","ITT":"ITT Inc."},"translate_title":"简介-ITT将收购SPX FLOW以显着扩大领导地位","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ITT":0.9},"content_text":"BRIEF-ITT To Acquire SPX FLOW to Significantly Expand Leadership PositionDec 5 (Reuters) - ITT Inc ITT.N:ITT TO ACQUIRE SPX FLOW, SIGNIFICANTLY EXPANDING LEADERSHIP POSITION IN HIGHLY ENGINEERED COMPONENTS AND ADJACENT FLOW TECHNOLOGIESITT INC - DEAL VALUED AT $4.775 BILLION, 14.2X 2026 ADJUSTED EBITDAITT INC - $80 MILLION EXPECTED RUN RATE OF COST SYNERGIES BY YEAR THREEITT INC: DEAL CONSIDERATION WILL CONSIST OF COMBINATION OF CASH & $700 MILLION IN ITT COMMON STOCK ISSUED TO LONE STARITT INC - DEAL EXPECTED TO BE ADJUSTED EPS ACCRETIVE IN 2026ITT INC: TO FUND CASH PORTION OF TRANSACTION CONSIDERATION THROUGH A COMBINATION OF DEBT AND EQUITYSource text: ID:nBw8llRK1aFurther company coverage: ITT.N ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2589207890","isCrawlerRequest":true}