NYSE:AMEElectrical
AMETEK’s $5b Indicor Deal Tests Valuation And Growth Thesis
AMETEK (NYSE:AME) announced a $5 billion acquisition of Indicor Instrumentation, expanding its reach in industrial and scientific instrumentation.
The deal is described by the company as transformative for its mission critical instrumentation portfolio and recurring revenue exposure.
This transaction is one of the largest in AMETEK’s history and is expected to reshape its long term revenue mix and operating profile.
For investors tracking NYSE:AME, this announcement comes with the stock at...