Dover to Buy Sikora for $623 Million

MT Newswires Live
06 May

Dover (DOV) said late Monday it agreed to acquire Sikora for 550 million euros ($622.8 million) in cash in a deal expected to close in Q2.

Sikora provides precision measurement, inspection, and control technologies. It generated about 100 million euros in revenue last year Dover said.

Dover shares were down 1.3% in recent premarket activity Tuesday.

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