Circor accepts KKR $1.7bn offer

By Frank Prenesti

Date: Tuesday 27 Jun 2023

(Sharecast News) - Industrial machine maker Circor International on Tuesday said it had accepted a revised offer from investment firm KKR for $1.7bn to take the company private.
KKR's cash offer of $51 per share was up from its previous $49 per share proposal.

The improved offer comes after Circor received an unsolicited buyout proposal from a third party for $52.65 a share in cash.

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