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BRIEF-3M To Create A Leading Fire And Safety Business Acquires Madison Fire & Rescue And Combines With Scott Safety
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BRIEF-3M To Create A Leading Fire And Safety Business Acquires Madison Fire & Rescue And Combines With Scott Safety
Mar 19, 2026 5:37 AM

March 19 (Reuters) - 3M Co ( MMM ):

* 3M TO CREATE A LEADING FIRE AND SAFETY BUSINESS; ACQUIRES

MADISON FIRE & RESCUE AND COMBINES WITH SCOTT SAFETY

* 3M CO ( MMM ) - DEAL VALUED AT $1.95 BILLION FOR MADISON FIRE &

RESCUE

* 3M CO ( MMM ) - CO AND BAIN CAPITAL TO FORM JOINT VENTURE; 3M TO

OWN 50.1%, BAIN CAPITAL 49.9%

* 3M CO ( MMM ) - TO RECEIVE $700 MILLION CASH PROCEEDS UPON CLOSING

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