Feb. 12, 2014, 4:48 PM
- Colfax (CFX) agrees to acquire Victor Technologies, a manufacturer of cutting, gas control and specialty welding solutions, from Irving Place Capital for $947M, including the assumption of debt.
- CFX says it expects the acquisition to be immediately accretive to adjusted EPS and free cash flow.
- To finance the deal, CFX will begin a public offering of 6.5M common shares.
- CFX -1.5% AH.
Sep. 12, 2011, 6:49 AMU.S. pumps and valves manufacturer Colfax (CFX) will buy U.K. toolmaker Charter International (CHITF.PK) for £1.53B ($2.4B) in cash and shares, beating off rival bidder Melrose (MLSPF.PK) (PR). Despite the sweeter bid, Colfax still needs to convince Charter's shareholders that it can do a better job of a turnaround. | Sep. 12, 2011, 6:49 AM | Comment!
Sep. 12, 2011, 6:46 AM
Sep. 5, 2011, 5:00 AMColfax (CFX) yesterday said it's in preliminary discussions about making an offer for Charter International (CHITY.PK), a U.K. maker of welding tools and gas and air handling equipment. Charter is already the subject of a $1.43B offer from buyout firm Melrose. (PR) | Sep. 5, 2011, 5:00 AM | Comment!
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Colfax Corp is a manufacturing and engineering company. The Company provides gas- and fluid-handling and fabrication technology products and services to commercial and governmental customers around the world.
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