Swiss-based Tyco International (NYSE:TYC) is merging its flow-control business with Pentair (NYSE:PNR) in an all-stock deal valued at about $4.53 billion as it continues to execute earlier plans ...

Tyco International Ltd. is continuing a tradition of favoring stockholders over bondholders by selling its flow-control unit to Pentair Inc. without transferring a proportionate amount of debt to ...

Diversified manufacturer Tyco International Ltd. ( TYC) announced Wednesday it would break off its flow control products unit and merge that unit with fellow flow control specialist Pentair Inc ...

Pentair Inc. agreed to buy the flow-control unit created by Tyco International Ltd.’s breakup for $4.53 billion in stock, spurring speculation that Tyco’s remaining two pieces will also be sold.

Pentair, Inc., will merge with the flow control division of Switzerland-based Tyco International, Ltd.-thus creating a $7.7 billion company, Pentair and Tyco announced Wednesday.

Completion of the merger announced in March that valued the flow unit at about $4.9 billion including debt and minority interest remains subject to the approval of the spinoff by Tyco shareholders ...

British engineer Weir (WEIR.L) has launched the sale of its flow control business in a move that could value the supplier of pumps and valves at more than 300 million pounds ($389 million ...

(Reuters) – Pentair Inc , a U.S. maker of filters and pumps, said Friday its shareholders voted to approve its planned $4.6 billion merger with Tyco International Ltd’s flow-control unit.The ...

BOCA RATON, Fla. — Tyco Int’l will split its ADT North America residential security business, commercial fire and security division, and flow control unit into stand-alone, publicly traded ...

Finnish industrial equipment manufacturer Metso has agreed to merge its minerals arm with competitor Outotec to establish a global leader with combined sales of €4.2 billion.