Slaughter and May is advising Rotork plc, the market-leading global provider of mission-critical intelligent flow control solutions, on the recommended cash acquisition by ABB Ltd, through its wholly-owned subsidiary ABB Automation Holding UK Limited, of the entire issued and to be issued share capital of Rotork, to be effected by means of a court-sanctioned scheme of arrangement. \u00a0<\/p>\n
Under the terms of the acquisition, Rotork shareholders will be entitled to receive 506 pence for each Rotork share, comprising cash consideration of 503 pence and a permitted interim dividend of 3 pence. The acquisition values Rotork at approximately \u00a34.136bn on a fully diluted basis and implies an enterprise value of approximately \u00a34.084bn, representing a multiple of approximately 5.3x Rotork\u2019s sales and 19.5x Rotork\u2019s adjusted EBITDA for the financial year ended 31 December 2025.\u00a0<\/p>\n
Completion is expected during the first half of 2027, subject to receipt of customary approvals.<\/p>\n
Pensions, Employment and Incentives<\/p>\n","protected":false},"excerpt":{"rendered":"Slaughter and May is advising Rotork plc, the market-leading global provider of mission-critical intelligent flow control solutions, on…\n","protected":false},"author":2,"featured_media":544422,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,85,46],"class_list":["post-544421","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/544421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=544421"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/544421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/544422"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=544421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=544421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=544421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}