M&A
confidence high
sentiment neutral
materiality 0.60
Xylem shareholders approve share issuance for Evoqua merger; closing awaits China clearance
Xylem Inc.
- Shareholders voted 145.6M FOR, 585K AGAINST, 1.4M abstentions on share issuance proposal.
- Merger with Evoqua remains subject to regulatory clearance from China.
- Special meeting held May 11, 2023; quorum of 147.6M shares present.
- Deal announced Jan 22, 2023; Xylem to issue shares to Evoqua stockholders.