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The engineering company said it would sell itsinfrastructure business for $300 million to private equity firmClayton, Dubilier & Rice. Its infrastructure division would bemerged with Brand Energy & Infrastructure Services Inc, acompany that Clayton, Dubilier & Rice is buying from privateequity firm First Reserve. Harsco will get a 29 percent stake inthe combined company, which will have an enterprise value ofabout $2.5 billion, the company said.
2021-2-10 3:20:36 |
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