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BRIEF-Tennant company announces agreement with Ambienta to acquire IPC Group
February 23, 2017 / 2:17 PM / 7 months ago

BRIEF-Tennant company announces agreement with Ambienta to acquire IPC Group

Feb 23 (Reuters) - Tennant Co -

* Tennant company announces agreement with Ambienta to acquire IPC group

* All-cash transaction valued at $350 million

* Tennant anticipates that acquisition will be accretive to 2018 full year earnings per share

* Tennant anticipates deal will provide incremental sales opportunities for both companies going forward

* Tennant expects acquisition to be completed in 2017 q2

* Both companies’ brands will continue to operate in their markets Source text for Eikon: Further company coverage:

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