Fortive Corp

NYSE:FTV   3:59:58 PM EDT
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Other Pre-Announcement

Fortive To Acquire Servicechannel For Approximately $1.2 Bln And Provides Preliminary Financial Information For The Second Quarter 2021

Published: 07/12/2021 21:17 GMT
Fortive Corp (FTV) - Fortive to Acquire Servicechannel for Approximately $1.2 Billion and Provides Preliminary Financial Information for the Second Quarter 2021.
Fortive Corp - Q2 Revenue Growth Estimated to Be About 25%.
Fortive Corp - Q2 Adjusted Operating Profit Margin Expected to Be Above Prior Guidance.
Fortive Corp - Servicechannel FY 2021 Revenue Expected to Be Approximately $125 Million.
Fortive Corp - Purchase Price for Deal Expected to Be Funded Primarily With Available Cash.
Fortive Corp - Servicechannel is Expected to Be an Independent Operating Company Within Fortive’s Intelligent Operating Solutions Segment.
Further Company Coverage: Ftvn ((reuters.