Tags: KKR | Gardner | acquisition | stock

KKR to Acquire Gardner Denver for $3.9 Billion

Friday, 08 Mar 2013 08:42 AM

Private equity firm KKR & Co LP will buy industrial machinery maker Gardner Denver Inc for $3.9 billion including debt.

The offer values Gardner Denver at $76 per share, a premium of 3 percent to the stock's Thursday closing price.

It is 39 percent above what the stock was trading at in late October when the company said it was exploring a sale.

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Private equity firm KKR will buy industrial machinery maker Gardner Denver for $3.9 billion including debt.
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2013-42-08
Friday, 08 Mar 2013 08:42 AM
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