Xylem shares sink after acquisition a ‘textbook instance of overpaying’

Kitchen sink with running water


Xylem (NYSE:XYL) is Monday’s biggest loser on the S&P 500, -8.9%, after agreeing to buy Evoqua Water (NYSE:AQUA) in the largest-ever water technology merger deal, creating a company generating more than $7B in annual revenue.

Xylem (XYL) CEOexpects few antitrust hurdles

Source link

5 Trading strategies to make money

Looking to boost your trading profits?

Get you copy of our FREE Ebook Now !!!