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Halma PLC to acquire Pyxis for $170 million plus $30 million earn-out

Verifying
  • Halma PLC agreed to acquire US-based water monitoring specialist Pyxis.
  • The deal includes $170 million upfront and up to $30 million additionally.
  • Pyxis’s earn-out depends on performance through 2029, while it develops monitoring sensors and systems.
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