Roper Technologies Divests Majority Stake In Its Industrial Businesses
Roper Technologies Inc (NYSE:ROP) has agreed to sell a majority stake in its industrial businesses to affiliates of Clayton, Dubilier & Rice, LLC (CD&R) for cash proceeds of ~$2.6 billion while retaining a 49% minority interest in a new standalone entity. The following businesses are involved in the transaction: Alpha, AMOT, CCC, Cornell,…
Benzinga ·