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BRIEF-SPX announces agreement for sale of european power generation business

Nov 23 SPX Corp -

* SPX announces agreement for sale of european power generation business transaction expected to close by year-end

* Terms of purchase agreement include sale of subsidiaries comprising balcke-dürr in exchange for nominal cash at closing

* Agreement includes a commitment by spx to leave sufficient liquidity within balcke-dürr, including a loan from SPX

* Now expects to report full-year adjusted EPS significantly in excess of current guidance range of $1.00-$1.20

* Fy2016 earnings per share view $1.12 -- Thomson Reuters I/B/E/S

* Sale of its european power generation business to Mutares Ag Source text for Eikon: Further company coverage:

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