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Colfax Corporation (CFX)

  • 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.
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  • Sep. 12, 2011, 6:49 AM
    U.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.
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  • Sep. 12, 2011, 6:46 AM
    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.
  • Sep. 5, 2011, 5:00 AM
    Colfax (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)
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Company Description
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.