According to a brief by the same company, Colfax Corporation, a leading diversified industrial technology company, today announced it completed the sale of its Fluid Handling business to CIRCOR International for aggregate consideration of approximately $863 million. Consideration includes $542 million of cash, 3.3 million shares of CIRCOR common stock valued as of the close of trading on December 8, 2017, and the assumption of certain net pension liabilities.
