Crane Company to acquire Precision Sensors & Instrumentation from Baker Hughes for $1.06B

Crane Co

Purchase price of $1,060M after adjusting for ~$90M NPV of tax benefits.
PSI expected 2025 sales of ~$390M and adjusted EBITDA of ~$60M.
Transaction meets Crane's financial criteria including 10% ROIC by year five.
Closing expected end of 2025 or early 2026, subject to regulatory approvals.
Crane estimates post-acquisition net debt to adjusted EBITDA ratio of ~1x.

item 1.01item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.