Nordson Corp Announces Agreement Top Acquire ARAG And Its Subsidiaries, Expanding, AWP Premium Swiss Financial In An All-Cash Transaction That Values ARAG At An Enterprise Value Of €960M
Portfolio Pulse from Happy Mohamed
Nordson Corp has announced an agreement to acquire ARAG and its subsidiaries. The all-cash transaction values ARAG at an enterprise value of €960M. This acquisition is expected to expand AWP Premium Swiss Financial.
July 18, 2023 | 4:50 pm
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Nordson Corp's acquisition of ARAG and its subsidiaries could potentially strengthen its financial position and expand its reach in the Swiss market.
Acquisitions often lead to an increase in the stock price of the acquiring company due to the potential for increased market share and revenues. In this case, Nordson Corp's acquisition of ARAG could potentially strengthen its financial position and expand its reach in the Swiss market, which could lead to an increase in its stock price.
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