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Strategies & Market Trends : Speculating in Takeover Targets

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From: E_K_S	1/7/2020 8:15:56 AM
	of 7254

AMETEK offloads Reading Alloys business AMETEK (NYSE: AME) has signed a definitive agreement for the sale of its Reading Alloys business to *Kymera International.*Reading Alloys is a provider of highly engineered materials for mission critical applications in the aerospace, defense, medical and industrial markets.It has annual sales of approximately $160M and is being sold in an all-cash transaction valued at $250M .------------------------------------------------ A small bolt on business.

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