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Rexnord Corp to merge motion control unit with Regal Beloit in $3.69 bln deal

Feb 16 (Reuters) - Rexnord Corp said on Tuesday it would merge its industrial process and motion control business with larger rival Regal Beloit Corp in a deal valued at about $3.69 billion. (Reporting by Ankit Ajmera in Bengaluru; Editing by Shounak Dasgupta)

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