MSA Safety Incorporated to Acquire Latchways plc
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MSA (MSA) Proposes to Acquire Latchways plc in $191M
September 1, 2015 6:44 AM EDTMSA (NYSE: MSA) announced the terms of a proposed cash acquisition of United Kingdom-based Latchways plc, a provider of innovative fall protection systems and solutions, for £11 per share.
Transaction Highlights
Represents a key step in the execution of MSA's corporate strategy by expanding its investment in one of the largest and fastest growing product segments of the global safety market.Doubles MSA's global fall protection business, positioning MSA as one of the largest fall protection providers globally.Proposed acquisition is valued at approximately £124 million, or approximately $191... More