July 12, 2019 / 11:20 AM / 3 months ago

Industrial equipment maker Hillenbrand to buy Milacron in $2 bln deal

July 12 (Reuters) - Industrial equipment maker Hillenbrand Inc on Friday agreed to buy plastics-processing equipment maker Milacron Holdings Corp in a cash-and-stock deal valued at about $2 billion, including debt, the companies said.

The deal includes net debt of about $686 million. (Reporting by Ankit Ajmera in Bengaluru; Editing by Maju Samuel)

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