Chart Industries, Inc. has just announced the signing of a definitive agreement to acquire Italy-based VRV s.p.a. and its subsidiaries.
Chart has agreed to pay €125m (approx. $147m based on current exchange rates), which will be funded by a combination of Chart’s available cash on hand and debt under its current credit facility or another financing alternative.
Chart also assumes the outstanding indebtedness of VRV (approximately €70m or $83m based on current exchange rates).
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