Why Zurn Water Solutions Shares Are Rising
Why Zurn Water Solutions Shares Are Rising
"The combination puts us well on our way to doubling the size of the business over the next couple of years while enhancing our competitive advantage within specified water solutions. We also add the high-growth, and increasingly essential, drinking water sector in our portfolio and have a clear path to capitalize on the significant synergies the combination will generate," Adams stated.Zurn Water Solutions Corp (NYSE:ZWS) shares are trading higher by 10.2% at $32.82 Monday afternoon after the company announced a merger with Elkay Manufacturing.
祖恩水務解決方案公司(紐約證券交易所代碼：ZWS)股價週一下午上漲10.2%，至32.82美元，此前該公司宣佈與Elkay製造公司合併。
Upon completion of the transaction, Zurn Water Solutions shareholders will own approximately 71% and Elkay shareholders will own approximately 29% of the combined and newly named company – Zurn Elkay Water Solutions Corporation.
交易完成後，Zurn水務解決方案公司的股東將擁有約71%的股份，Elkay股東將擁有合併後的新公司Zurn Elkay Water Solutions Corporation約29%的股份。
"This transaction is a true game-changer as we create an even stronger pure play water company by combining with the iconic brand, Elkay," said Todd A. Adams, Chairman and CEO of Zurn Water Solutions.
“這筆交易是真正的遊戲規則改變者，因為我們通過與標誌性品牌埃爾凱(Elkay)合併，創建了一家更強大的純淨水公司，”埃爾凱説。託德·A·亞當斯，Zurn Water Solutions董事長兼首席執行官。
"The combination puts us well on our way to doubling the size of the business over the next couple of years while enhancing our competitive advantage within specified water solutions. We also add the high-growth, and increasingly essential, drinking water sector in our portfolio and have a clear path to capitalize on the significant synergies the combination will generate," Adams stated.
亞當斯説：“這一合併使我們的業務規模在未來幾年內翻了一番，同時在特定的水解決方案中增強了我們的競爭優勢。我們還在我們的投資組合中增加了高增長和日益重要的飲用水部門，並有一條明確的途徑來利用合併將產生的重大協同效應。”
See Also: Why Pfizer Shares Are Trading Lower Today
另見：輝瑞股價今日為何走低
Zurn Water Solutions has a 52-week high of $38.32 and a 52-week low of $20.56.
Zurn Water Solutions的52周高點為38.32美元，52周低點為20.56美元。
譯文內容由第三人軟體翻譯。
