Timken Co.

NYSE:TKR   3:59:50 PM EDT
59.83
-1.76 (-2.86%)
Mergers / Acquisitions

Timken To Acquire Ggb Bearing Technology, Expanding Its Engineered Bearing Portfolio With Complementary Products

Published: 09/06/2022 11:41 GMT
Timken Co. (TKR) - Timken to Acquire Ggb Bearing Technology, Expanding Its Engineered Bearing Portfolio With Complementary Products.
Timken Co - Timken Will Fund Transaction With Cash on Hand and Its Existing Revolving Credit Facility.
Timken Co - Timken Anticipates Acquisition Will Be Accretive to Earnings in First Full Quarter After Closing.