BRIEF-Ingersoll Rand To Acquire ILC Dover To Expand Presence In Life Sciences-February 2024-www.financetom.com

BRIEF-Ingersoll Rand To Acquire ILC Dover To Expand Presence In Life Sciences

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Ingersoll Rand To Acquire ILC Dover To Expand Presence In Life Sciences

Mar 25, 2024 6:51 AM

March 25 (Reuters) - Ingersoll Rand Inc ( IR ):

* INGERSOLL RAND TO ACQUIRE ILC DOVER TO EXPAND PRESENCE IN

LIFE

SCIENCES

* INGERSOLL RAND INC ( IR ) - DEAL INCLUDES AN UPFRONT CASH

PURCHASE

PRICE OF APPROXIMATELY $2.325 BILLION

* INGERSOLL RAND INC ( IR ) - DEAL INCLUDES AN EARNOUT TIED TO

ACHIEVEMENT OF SELECT OPERATING EFFICIENCY METRICS IN 2024

* INGERSOLL RAND INC ( IR ) - ACQUISITION IS IMMEDIATELY ACCRETIVE

INGERSOLL RAND'S GROWTH AND MARGIN RATES

* INGERSOLL RAND INC ( IR ) - ACQUISITION IS SUBJECT TO CUSTOMARY

REGULATORY APPROVALS AND IS EXPECTED TO CLOSE IN Q2 2024

Source text for Eikon:

Further company coverage:

Previous page： Sun Life's second-quarter profit rises on growth in Asia, wealth management unit Next page： Nextdoor Holdings Q2 revenue up 3%, beats estimates

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Sun Life's second-quarter profit rises on growth in Asia, wealth management unit

Aug 7, 2025

Aug 7 (Reuters) - Canada's Sun Life Financial ( SLF ) reported a jump in second-quarter profit on Thursday, driven by strong growth in its Asia unit and solid performance in its wealth management division. The country's second-largest life insurer posted net income of C$716 million ($520.88 million), or C$1.26 per share, for the three months ending June 30, compared...

Nextdoor Holdings Q2 revenue up 3%, beats estimates

Aug 7, 2025

Overview * Nextdoor ( NXDR ) Q2 revenue rises 3% yr/yr, beating analyst expectations * Adjusted EBITDA loss of $2 mln beats analyst estimates * Co announces restructuring plan to cut annual operating expenses by $30 mln Outlook * Nextdoor expects Q4 2025 adjusted EBITDA breakeven * Company forecasts full-year adjusted EBITDA breakeven in FY 2026 Result Drivers * PRODUCT...

Google agrees $36 million fine for anti-competitive deals with Australia telcos

Aug 17, 2025

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

nLIGHT Q2 revenue rises 22.2%, beats analyst expectations

Aug 7, 2025

Overview * nLIGHT Q2 revenue rises 22.2% yr/yr, beating analyst expectations, per LSEG data * Adjusted EBITDA for Q2 beats estimates * Co raises 2025 aerospace and defense growth outlook to at least 40% Outlook * nLIGHT expects Q3 2025 revenue between $62 mln and $67 mln * Company anticipates Q3 2025 gross margin of 24% to 30% * nLIGHT...