Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Indexes
  3. United States
  4. USA
  5. S&P 500
  6. News
  7. Summary
    SP500   US78378X1072

S&P 500

(SP500)
SummaryQuotesChartsNewsHeatmapComponents 
SummaryMost relevantAll NewsOther languagesNews of the index componentsMarketScreener Strategies

Ingersoll to keep away from SPX Flow's plan to explore alternatives

09/01/2021 | 05:28pm EST

Sept 1 (Reuters) - Pumps and compressors manufacturer Ingersoll Rand Inc said on Wednesday it would not participate in SPX Flow's decision to explore strategic alternatives, including a sale or merger.

SPX Flow, which makes components for machinery used by industries such as food and beverages, in July rejected Ingersoll Rand's sweetened $3.59 billion buyout bid saying it undervalued the company and said it would explore strategic alternatives for the company.

Following this, Ingersoll's Chief Executive Officer Vicente Reynal said the company was committed to engaging with SPX Flow on a friendly basis.

Ingersoll on Wednesday added that acquisitions remain the focal point of its capital allocation framework. (Reporting by Shreyasee Raj; Editing by Amy Caren Daniel)


ę Reuters 2021
All news about S&P 500
11/26WALL STREET WEEK AHEAD : COVID-19 fears reappear as a threat to market
RE
11/26Unemployment Rate Seen Ticking Down Again -- Data Week Ahead
DJ
11/26Equities, oil prices, U.S. Treasury yields all drop on COVID variant fears
RE
11/26S&P 500 Posts 2.2% Weekly Decline, Bringing Index Into Red for November Amid New COVID-..
MT
11/26Asset Price Outlook Depends on Inflation Next Year, Commerzbank Says
MT
11/26White House officials have been discussing potential travel curbs on Southern African c..
RE
11/26Traders pile into defensive options plays as COVID-19 fears return
RE
11/26What investors are saying about the new virus variant
RE
11/26Wall Street drops sharply at open on fears over new virus variant
RE
11/26Wall Street Tumbles Pre-Bell as New COVID Strain Threatens Global Economic Recovery
MT
More news
Chart S&P 500
Duration : Period :
S&P 500 Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends S&P 500
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Heatmap :