Milacron owner Hillenbrand eyes Batesville sale, Linxis acquisition
The industrial equipment manufacturer is seeking strategic alternatives for its Batesville casket subsidiary as it pursues purchase of Linxis for $583 million.
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The industrial equipment manufacturer is seeking strategic alternatives for its Batesville casket subsidiary as it pursues purchase of Linxis for $583 million.
CEO Kim Ryan: "We believe this acquisition will help us continue to grow our recycling business across the entire recycling value chain ... to build a full recycling system."
Wedge Capital Management L L P NC boosted its position in Hillenbrand, Inc. (NYSE:HI – Get Rating) by 16.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,062 shares of the company’s stock after buying an additional 1,162 shares […]
Hillenbrand, Inc. (NYSE:HI – Get Rating) CFO Robert M. Vanhimbergen purchased 6,000 shares of the company’s stock in a transaction dated Monday, June 6th. The stock was bought at an average cost of $44.00 per share, for a total transaction of $264,000.00. Following the completion of the transaction, the chief financial officer now owns 6,000 […]
Hillenbrand (NYSE:HI – Get Rating) updated its third quarter 2022 earnings guidance on Monday. The company provided EPS guidance of $0.83-$0.90 for the period, compared to the consensus EPS estimate of $0.97. The company issued revenue guidance of -.Hillenbrand also updated its FY 2022 guidance to $3.80-$4.00 EPS. NYSE HI opened at $43.31 on Monday. […]