Merger Arbitrage activity declined last week with one new deal announced and one deal closing.
Evoqua Water Technologies (AQUA)
Xylem (XYL), a global water technology company entered into an agreement last week to acquire Evoqua Water Technologies (AQUA), a mission critical water and wastewater treatment solutions for $7.5 billion in an all stock deal.
Headquartered in Pittsburgh, Pennsylvania, Evoqua operates through two segments, Integrated Solutions and Services, and Applied Product Technologies. The Integrated Solutions and Services segment provides outsourced water service contracts, capital systems and related recurring aftermarket services, and the Applied Product Technologies segment provides advanced filtration and separation products.
Evoqua Products and Services