Nasdaq

SPX To Sell SPX Transformer Solutions To GE-Prolec Transformers For $645 Mln Cash - Quick Facts

(RTTNews) - SPX Corp. announced Wednesday that it has entered into a binding agreement to sell 100% of the issued and outstanding stock of its wholly-owned subsidiary, SPX Transformer Solutions, Inc., ...
MarketWatch

SPX Corp. to sell Transformer Solutions sub for $645 million to GE-Prolec

SPX Corp. announced Wednesday an agreement to sell its SPX Transformer Solutions Inc. subsidiary for $645 million in cash to GE-Prolec Transformers. The deal is expected to close during the second ...
Nasdaq

SPX Announces Agreement to Sell SPX Transformer Solutions to GE-Prolec Transformers

Transaction Expected to Close in the Second Half of 2021;Updating Full-Year 2021 Guidance for Transaction;Management to Host Call at 8:30 am ET Today Gene Lowe, President & CEO of SPX commented, “I am ...
The Business Journals

SPX Transformer Solutions names president

SPX Corp. said Thursday it has named Bill Hegeman as president of the SPX Transformer Solutions Inc. business unit based in Waukesha. SPX Corp. said Thursday it has named Bill Hegeman as president of ...
The Business Journals

SPX Corp. completes exit from energy business with $645M sale of transformer segment

The sale completes SPX Corp.'s exit from the energy business to focus on its HVAC and Detection and Measurement segments. SPX Corp. has closed on the sale of its transformer business for $645 million ...
Benzinga.com

SPX To Sell SPX Transformer Solutions To GE-P...

Never miss a trade again with the fastest news alerts in the world! This headline only article is a sample of real-time intelligence Benzinga Pro traders use to win in the markets everyday. Want the ...
BizTimes

SPX expands Transformer Solutions facility

Subscribe to BizTimes Daily – Local news about the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin. SPX Corp. revealed its newly completed manufacturing facility ...