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Gardner Denver Holdings Inc. is in the process of merging an agreement with a division of Ingersoll-Rand PLC, according to knowledgeable people, to create the world's second largest manufacturer of industrial pumps and compressors. market capitalization of approximately $ 11.6 billion.
Although the exact terms can not be determined, the deal, which could be announced as early as this week, would involve a mix of money and shares for Ingersoll shareholders, officials said. He would combine Gardner Denver's …
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