AMETEK to Acquire FARO Technologies for $920 million in cash

Reuters

05-06

AMETEK to Acquire FARO Technologies for $920 million in cash

May 6 (Reuters) - AMETEK AME.N will acquire FARO Technologies FARO.O for $44 per share in cash, the two companies said on Tuesday.

The transaction values FARO at an enterprise value of approximately $920 million.

(Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Tasim Zahid)

((Aatreyee.Dasgupta@thomsonreuters.com;))

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