Colfax (CFX) agrees to purchase Charter International (CHITY.PK) for $2.4B in a combined stock...

|About: Colfax Corporation (CFX)|By:, SA News Editor

Colfax (CFX) agrees to purchase Charter International (CHITY.PK) for $2.4B in a combined stock and cash deal, beating out a bid from buyout firm Melrose. Shares of Charter are up 6% in London.