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Xylem To Acquire Evoqua In $7.5 Billion All-Stock Transaction

PUBLIC · XYLJan 23, 2023

Acquiring Company

Xylem

Acquired Company

Evoqua Water Technologies

WashingtonWaterWater PurificationWaterWater Purification

Description

Xylem Inc. (NYSE: XYL), a leading global water technology company (“Xylem”), and Evoqua (NYSE: AQUA), a leader in mission-critical water treatment solutions and services, today announced they have entered into a definitive agreement under which Xylem will acquire Evoqua in an all-stock transaction that reflects an implied enterprise value of approximately $7.5 billion.

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Company Information

Company

Xylem

Location

301 Water Street SE

Washington, District Of Columbia, United States

About

Xylem (XYL) is a leading global water technology company committed to solving critical water and infrastructure challenges with innovation. Our 17,000 diverse employees delivered revenue of $5.2 billion in 2021. We are creating a more sustainable world by enabling our customers to optimize water and resource management and helping communities in more than 150 countries become water-secure. Join us at www.xylem.com.

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Frequently asked

Who acquired Evoqua Water Technologies?

Evoqua Water Technologies was acquired by Xylem, based in Washington. The deal was reported on January 23, 2023. Xylem (XYL) is a leading global water technology company committed to solving critical water and infrastructure challenges with innovation. Our 17,000 diverse employees delivered revenue of $5.2 billion in 2021. Xylem is publicly traded (XYL) and operates in Water.

When did Xylem acquire Evoqua Water Technologies?

Xylem's acquisition of Evoqua Water Technologies was reported on January 23, 2023. Xylem Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Evoqua Water Technologies do?

Evoqua is a leading provider of mission critical water and wastewater treatment solutions, offering a broad portfolio of products, services and expertise to support industrial, municipal and recreational customers who value water. It is privately held, operating in Water.

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