Fere in pretio $10 Billion! Maxima Diver concidat Company in US. quaesitum. Habet officinam in Sina.

Fere in pretio $10 Billion! Maxima Diver concidat Company in US. quaesitum. Habet officinam in Sina.

Romae-fundatur US. water systems solutions company Zurn Water Solutions Corp. said Feb. 14 it has reached an agreement with Elkay Manufacturing Co. to acquire Elkay in an all-stock transaction. Zum Water Solutions stock closed Feb. 14 at Zurn Water Solutions stock closed at $33.40 on Feb. 14, up 12.1 percent from its Feb. 11 closing price.

Elkay ad æstimatur $1.56 billion (circa RMB * 9.888 billion). Upon closing of the transaction this summer, Zurn (NYSE: ZWS) will change its name to Zurn Elkay Water Solutions, and upon closing, Zurn aqua Solutiones socios circa possidebit 71 percent ex comitatu combined, dum Elkay socios possidebunt circa 29 percent ex comitatu combined.

Todd Adams, praeses et CEO de Zurn, "acquisitio" dixit gradum magni momenti ad propositum Zurn duplicationis suae magnitudinis in annis proximis. Etiam societatis maximum momentum ad date est cum Solutions Zurn Water exivit societas sororis eius, Rexnord, ut sui iuris facti sunt.

Founded in 1920, Aiken has been family-owned and operated and is the largest stainless steel sink company in the United States. Productum oblationes suas dilatavit includere deprimi, faucets, aqua coolers, bibentes fontes et residentiales et commerciales coquinam et producta balnea. Aiken’s brands include Elkay, Dayton et Halsey Taylor, et societas habet facultatem in Civitatibus Foederatis Americae, Sina et Mexico.

Elkay (China) statutum est 2005, and it has a registered capital of 110 decies Yuan. It has a manufacturing base in Zhuhai, Guangdong, and branch offices in Beijing, Shanghai et Shenzhen.

Adams said the merger of the two companies will provide a suite of innovative, water-specific solutions for water safety, water quality and water conservation in key markets such as education and healthcare. The combined company will continue to trade on the New York Stock Exchange under the ticker symbol ZWS and will be headquartered in Milwaukee. Societas etiam operationes in area Chicago obtinebit, where Aiken is located.