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TEXBullishM&Anews
High materiality8/10

Terex Clears HSR Hurdle for Acquisition of ESG From Dover Corporation

Sep 10, 2024, 3:02 PM EDT1 sourcesAI-analyzed

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TEX's acquisition of ESG enhances its financial profile significantly. The deal is valued at $2 billion and adds $1 billion pro forma EBITDA. ESG's strengths will bolster TEX's margins by 130 basis points post-acquisition. Strong growth in waste management supports TEX's market position and expansion.

  • TEX's acquisition of ESG enhances its financial profile significantly.
  • The deal is valued at $2 billion and adds $1 billion pro forma EBITDA.
  • ESG's strengths will bolster TEX's margins by 130 basis points post-acquisition.
  • Strong growth in waste management supports TEX's market position and expansion.

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