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home / articles / WEGZY - Regal Rexnord Plans To Sell Industrial Motors & Generators Businesses For $400M | Benzinga
Regal Rexnord Corp (NYSE: RRX) disclosed that it has entered into a definitive agreement to sell the Industrial Motors and Generators businesses for $400 million.
The asset sale comprises most of its Industrial Systems segment to WEG through certain subsidiaries of WEG SA (OTC: WEGZY).
The transaction is expected to close in H1 2024, subject to obtaining required regulatory approvals and ...
| Company Name: | WEG SA ELMJ ADR |
| Stock Symbol: | WEGZY |
| Market: | OTC |
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