Seeking Alpha

Actuant concludes $225M deal for Viking SeaTech

  • Actuant (ATU +0.4%) closes its acquisition of Viking SeaTech.
  • The total value of the deal is ~$225M and was funded from ATU's cash and revolver.
  • ATU will provide an update regarding the deal's projected impact on earnings when FQ4 results are released October 1. (PR)
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