ABB Agrees To Buy Rotork In Deal With $5.5 Bln Enterprise Value
ABB Ltd agreed to acquire Rotork plc in a deal valued at about $5.5 billion. ABB will make a recommended cash offer of 503 pence per Rotork share, a ~60% premium to the latest 3-month average, plus an interim dividend up to 3 pence. Closing is expected in H1 2027, subject to approvals. ABB expects ~3% revenue add and accretion to Operational EBITA margin.