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India's Paharpur Cooling Towers Ltd. reportedly is in talks to acquire the cooling business of...
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Wednesday, October 3, 2012, 11:47 AM ETIndia's Paharpur Cooling Towers Ltd. reportedly is in talks to acquire the cooling business of SPX Corp. (SPW +5.7%) for $500M-$600M, and the Indian company’s management is exploring ways to tie up the financing of the deal with several foreign banks SPX declines to comment.
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