PE Firm Drops $360M On Onex-Backed Tomkins' Axle Biz
Houston-based Sterling did not say how it would finance the all-cash purchase, which adds to its manufacturing-centric portfolio. The firm said it expects to finalize its buy in the fourth quarter, subject to customary closing conditions.
Dexter's business is centralized in the U.S., and includes a half-dozen manufacturing facilities and a handful of...
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