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News

Honeywell Agrees To Acquire Air Products' LNG Process Technology And Equipment Business For $1.81B In An All-cash Transaction

Author: Benzinga Newsdesk | July 10, 2024 07:04am

This represents approximately 13x estimated 2024 EBITDA. This transaction, which is expected to be adjusted earnings per share accretive in the first full year of ownership is not subject to any financing conditions and is expected to close before the end of the calendar year, subject to customary closing conditions, including receipt of certain regulatory approvals.

Posted In: APD HON

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