- Roper Technologies Inc ROP has agreed to sell its Zetec business to Eddyfi/NDT in an all-cash transaction valued at ~$350 million.
- Zetec generated ~$64 million of revenue and $17 million of EBITDA over the last 12 months.
- The transaction is expected to close at the end of this year.
- Price Action: ROP shares closed lower by 1.23% at $479.40 on Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
