Flowserve Announces Completion of Legacy Asbestos Liabilities Divestiture [Yahoo! Finance]
Flowserve Corporation (FLS)
Last flowserve corporation earnings: 2/17 04:20 pm
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US:NYSE Investor Relations:
ir.flowserve.com
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Source: Yahoo! Finance
products and services for the global infrastructure markets, announced today the completion of the divestiture of BW/IP - New Mexico, Inc. ("BW/IP"), a wholly owned subsidiary of the Company that holds asbestos liabilities and related insurance assets, to an affiliate of Acorn Investment Partners ("Acorn"), a portfolio company of funds managed by Oaktree Capital Management L.P. Consistent with the terms of the agreement, Flowserve contributed insurance assets and $199 million in cash to the capitalization of BW/IP. The Company has no further financial exposure to the transferred liabilities, which are now fully managed and administered by Acorn, and for which Flowserve is fully indemnified. The Company expects a one-time loss of approximately $140 million in the fourth quarter of 2025, including certain transaction-related costs. The one-time loss will be excluded from adjusted earnings per share. About Flowserve Flowserve Corporation is one of the world's leading providers of
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News
- Flowserve declares $0.21 dividend [Seeking Alpha]Seeking Alpha
- Flowserve Corporation Announces Quarterly Cash Dividend of $0.21 Per ShareBusiness Wire
- Flowserve Announces Completion of Legacy Asbestos Liabilities DivestitureBusiness Wire
- 3 Market-Beating Stocks with Promising Prospects [Yahoo! Finance]Yahoo! Finance
- ??????????????? - ??????????????????2026-2035? [CNET News]CNET News
FLS
Earnings
- 10/28/25 - Beat
FLS
Sec Filings
- 12/11/25 - Form 8-K
- 12/3/25 - Form 4
- 12/2/25 - Form 144
- FLS's page on the SEC website