ABB agrees to buy Rotork in GBP 503-per-share cash deal - ABBNY News | RalliesABB agrees to buy Rotork in GBP 503-per-share cash deal
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ABBNY• ABB agrees to buy Rotork in a recommended all-cash deal
- ABB agreed to buy Rotork in a recommended all-cash deal priced at GBP 503 per share.
- The offer implies an enterprise value of about USD 5.5 billion, a roughly 60% premium to Rotork’s 3-month average share price.
- Rotork is expected to add about 3% to ABB revenue, with immediate accretion to operational EBITA margin.
- ABB plans to fund the purchase with cash resources of about USD 5.8 billion, backed by committed bank facilities.
- Closing is targeted for the first half of 2027, subject to Rotork shareholder approval and regulatory clearances.
