Pentair obtains all regulatory approvals for $1.6B Manitowoc Ice acquisition

PENTAIR plc

Received final approval from UK Competition and Markets Authority on July 11, 2022.
Previously obtained approvals from US DOJ and European Commission.
Closing expected on or around July 28, 2022, subject to satisfaction of remaining conditions.
Acquisition price of $1.6 billion for equity, assets, and liabilities of Manitowoc Ice business.
Transaction conducted by indirect subsidiary Pentair Commercial Ice LLC.

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