article thumbnail

Altra Industrial Motion Corp. Announces Acquisition By Regal Rexnord Corporation

Benzinga

billion on an enterprise value basis. Regal Rexnord has fully committed debt financing and there are no financing conditions associated with the transaction. Net Income for the third quarter of 2022 was $33.6 The Company ended the quarter with total gross debt of $1.06 million, or 7.2% of revenues.