date:Apr 17, 2014
nge of applications from air conditioning to cooling towers, at between 11 and 12 times annual operating profit, according to analysts.
HSBC analysts put the book value of the business at about 973 million euros, meaning the book gain would come to as much as 327 million euros.
GEA said it expects the deal to close by the end of the year.
Triton's acquisition will be backed with debt financing totalling about 1.25 billion euros from banks expected to include Deutsche Bank, Commerzbank, ING ,