Crane (CXT) announced late Tuesday the completion of the acquisition of around 32% of Antares Vision from Regolo and Sargas.
The company said it bought the initial stake in Antares Vision, on a diluted basis, for a total consideration of about 117 million euros ($137.4 million), at a price of 5 euros per share.
The industrial technology company is expected to complete the acquisition of remaining stake owned by Regolo, and to delist Antares Vision, in 2026.
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