Pentair Announces Definitive Agreement to Acquire Aquion
Pentair plc. Ordinary Share (PNR)
Last pentair plc. ordinary share earnings: 4/30 06:55 am
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Source: Business Wire
Acquisition to Provide Access to Affiliated Dealer Network for Residential Water Treatment Business LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE:PNR), a leading water treatment company, today announced that it has entered into a definitive agreement to acquire Aquion for $160 million in cash, subject to customary adjustments. Aquion offers a diverse line of water conditioners, water filters, drinking-water purifiers, ozone and ultraviolet disinfection systems, reverse osmosis systems and acid neutralizers for the residential and commercial water treatment industry. The addition of Aquion and its affiliated dealer network, offering complete systems and solutions, will highly complement Pentair’s value chain in residential water offerings. This benefits consumers by increasing access as well as providing more choices to meet their water treatment needs. “This planned acquisition is a si
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News
- Pentair plc (NYSE: PNR) had its price target raised by analysts at TD Cowen from $80.00 to $85.00. They now have a "buy" rating on the stock.MarketBeat
- Pentair plc (NYSE: PNR) had its price target raised by analysts at Barclays PLC from $92.00 to $95.00. They now have an "overweight" rating on the stock.MarketBeat
- Pentair plc (NYSE: PNR) had its price target raised by analysts at UBS Group AG from $83.00 to $91.00. They now have a "buy" rating on the stock.MarketBeat
- Pentair plc (NYSE: PNR) had its price target raised by analysts at Royal Bank of Canada from $101.00 to $103.00. They now have an "outperform" rating on the stock.MarketBeat
- Pentair plc (NYSE:PNR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
PNR
Earnings
- 4/23/24 - Beat
PNR
Sec Filings
- 4/23/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 3/22/24 - Form DEFA14A
- PNR's page on the SEC website