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Two Swiss firms announced big money deals in pipe and in roofing systems, while U.S.-based companies sought out acquisitions to fill out product lines and reach.
Aliaxis CEO points to "financial discipline" after Georg Fischer Ltd. emerges as a new, higher bidder with a $2.2B offer.
A new bidder has emerged with a 2.1 billion euro ($2.26 billion) offer to buy plastic pipe extruder Uponor Oyj. And this time, Uponor is supporting the deal.
Belgium's Aliaxis SA — the owner of pipe maker Ipex — is now offering 25.75 euros per share for Uponor Oyj, up from 25 euros offered in April, but Uponor still says there's no deal.
Belgium's Aliaxis SA — the owner of pipe maker Ipex — is now offering 25.75 euros per share for Uponor Oyj, up from 25 euros offered in April, but Uponor still says there's no deal.