Ali Group and Welbilt Head To NAFEM With Definitive Merger Agreement
Ali Group and Welbilt Head To NAFEM With Definitive Merger Agreement
Ali Holding S.r.l., one of the largest and most diversified global leaders in the foodservice equipment industry, and Welbilt, Inc. announced last month that they have entered into a definitive merger agreement under which Ali Group will acquire Welbilt in an all-cash transaction for $24.00 per share, or approximately $3.5 billion in aggregate equity value and $4.8 billion in enterprise value.…
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