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Pentair Announces Hydra-Stop Acquisition

1. Pentair acquires Hydra-Stop LLC for $290 million, netting $240 million after tax benefits. 2. This acquisition strengthens Pentair's position in water sustainability solutions.

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FAQ

Why Bullish?

Acquisitions generally boost growth potential and market position. Past acquisitions at Pentair have positively influenced stock performance.

How important is it?

The acquisition aligns with Pentair's growth strategy, showing commitment to sustainable water solutions.

Why Long Term?

The integration of Hydra-Stop will enhance Pentair's product offerings and revenue streams over time.

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XYLAVYGLW
LONDON--(BUSINESS WIRE)--Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life's most essential resource, today announced that it has completed the previously announced transaction to acquire Hydra-Stop LLC from Madison Industries for approximately $290 million, subject to customary adjustments. When adjusted for approximately $50 million of expected tax benefits, the net transaction value is approximately $240 million. Hydra-Stop is a leading pr.

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