M&A
confidence high
sentiment positive
materiality 0.80
Regal Rexnord and Altra receive all regulatory approvals; merger closing expected March 27
REGAL REXNORD CORP
- All required regulatory approvals obtained for Regal Rexnord's acquisition of Altra (NYSE: RRX / Nasdaq: AIMC).
- Closing expected on or around March 27, 2023, subject to satisfaction or waiver of remaining conditions.
- Merger structure: wholly owned subsidiary of Regal Rexnord will merge into Altra, with Altra surviving as a subsidiary.
- Deal originally announced on Oct 26, 2022.