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Company Statement: SKF to acquire US-based Kaydon Corporation

( September 5, 2013, 13:00 GMT | Official Statement) -- MLex Summary: SKF announced that it will acquire Kaydon in an all-cash transaction valued at around $1.25 billion, including $95 million of net debt. SKF will start its tender offer on Sept. 16 and the deal is subject to regulator approvals. The companies expect to close the deal sometime in the fourth quarter.The full statement follows:...

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